When a franchise is rebooted for the third time, usually with disasterous results.
You remeber the first two Battlestar Galactica series? Well some asshole wants to threeboot it.
by mrpeepers86 August 15, 2009
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The act of rebooting a film after the first two tries in hopes of success which will inevitably end in failure.
"Hey it's been about six months don't you think it's time we talked about the Spider-Man threeboot? Michael Cera's not gettin' any younger."

"What? Not before we threeboot the Hulk. I have a good feeling about Brett Ratner directing and Jack Black as Bruce Banner. Winner all the way."
by MJtheMixx August 30, 2012
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