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Disney is definitely a bit more unique when it comes to motivation to do remakes. I know most kids have probably seen this movie or Aladdin or Beauty and the Beast prior to the remake, but it’s just different to have a new release. The impact is much greater and I think more immediate.
Disney’s parks make like $20 billion per year. It’s a huge part of their revenue. And within those parks are countless attractions and themes centered around these now older movies. Updating the movies keeps the parks from becoming stale and outdated and gets people excited to go. They still do updates here and there on these older characters and areas but updating the same world or altering the merchandise instead of having to replace everything is so much easier and cheaper.
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