Computer animation is all the rage these days, but that may be why Disney should go back to its roots.
Is traditional hand-drawn animation dead? It's easy to think as much, given the fact that the most popular box office draws these days are coming from the computer-rendering animators at Pixar(Nasdaq: PIXR) and DreamWorks Animation(NYSE: DWA). Beyond Lilo & Stitch, Disney(NYSE: DIS) has found little success with old-school ink and paint.
But don't be so quick to bury Disney -- or hand-drawn animation.
Disney is too busy trying to ready itself for life beyond Pixar to see the possibilities here. It's focused on its computer-animated Chicken Little feature and teaming up with young tech-savvy studios to put out computer-rendered flicks like Valiant. Even Aardman Films, the amazing studio behind the stop-motion animation genius of Chicken Run and Wallace and Gromit, is working on a computer-animated feature called Flushed Away to be released by DreamWorks.