A theatrical release for Tinker Bell?

The new direct-to-video Tinker Bell feature will be playing exclusively at the El Capitan Theatre in Hollywood, from September 19th through October 2nd.

The line is blurring as to what actually constitutes a theatrical release these days. This is clearly a promotional engagement for the DVD release on October 28th. But it’s being released with all the hoopla (and advertising) normally reserved for a kids event film (think Disney’s Miley Cyrus/Hanna Montana 3-D concert or that recent American Girl flick). So here’s my question: Does this qualify the film for Oscar eligibility?

(Thanks, Eric Graf)