First, "Hannah Montana" reinvented the secondary ticket market when her sold-out concert tour lead to frantic parents scouring high and low to get seats for their kids. Now, in the wake of that clamor, "Montana" has changed another industry: the concert film.

For those unfamiliar with the Disney Channel series, Miley Cyrus plays a normal girl by day, pop star by night. The TV show averages upwards of 5 million viewers per week, the concert tour earned $24 million last year, and the franchise has four CDs on the Billboard 200.

But during the past two weeks, "Hannah Montana" has broached the final frontier: success in movie theaters. "Montana" momentum has pushed "Hannah Montana/Miley Cyrus: Best of Both Worlds Concert Tour" to become the top-grossing concert film of all time, earning $53.4 million at the box office in two weeks and eclipsing the No. 2 concert film, Madonna's 1991 biopic "Truth or Dare," which tallied $15 million (see chart, right).

It's a striking success that may reveal the secrets to how to unlock a segment of the industry that has long been an afterthought or a novelty play. By targeting a vociferous fan base and utilizing new technology that makes the experience more like a live concert and less like a cheesy monster movie, the concert film is on the cusp of becoming a viable—and very profitable—means to reach fans.

There are lessons to be learned from the strategy behind "Montana."

Click here to read the full story, including the lessons learned from "Montana," the strides 3D projection has made over the years, the factor that could limit the success of the films and more.