The Disney reissue of the family classic held onto its top spot for a second weekend running with $22.1m, only slightly below last Sunday's $29.3m.
In second place, Brad Pitt's baseball drama Moneyball opened to $20.6m, followed by family adventure Dolphin Tale which had $20.3m in third.
Taylor Lautner's Abduction grossed $11.2m, while fellow new release Killer Elite rounded off the top five with $9.5m.
This week's US box office top ten in full (studio estimates):
1. (-) The Lion King 3D - $22.1 million
2. (-) Moneyball - $20.6 million
3. (-) Dolphin Tale - $20.3 million
4. (-) Abduction- $11.2 million
5. (-) Killer Elite - $9.5 million
6. (2) Contagion - $8.6 million
7. (3) Drive - $5.8 million
8. (4) The Help - $4.4 million
9. (5) Straw Dogs - $2.1 million
10. (6) I Don't Know How She Does It - $2.05 million
Next weekend sees the release of Seth Rogen's cancer comedy 50/50, Daniel Craig's Dream House and Anna Faris comedy What's Your Number?.
Watch the trailer for 50/50 below: