Walt Disney’s “Technicolor feature triumph” Fantasia has been released eight times, received two special academy awards, and was selected for preservation by the Library of Congress for being “cultural, historical, and aesthetical significance”. Fantasia was groundbreaking as it was the first major film released in “fantasound”, an early form of surround sound. Walt Disney originally released the film at traveling road shows. Disney’s reason for this was that theatres across the country were not fitted with the proper “fantasound” equipment, which Walt Disney thought was essential to the film. Later Disney allowed a shortened version of the film without the “fantasound” to be released in theatres nation wide.
Interestingly Fantasia initially failed to generate any profit and was somewhat of a flop. Some blame this failure on the “fantasound” itself, which made showing the film to mass audiences almost impossible. However it has gone on to be one of the most popular films of all time and is now considered a classic.