The Red Fairy's curse, where Rosebud is sentenced to an early death due to the prick of a spindle, is counter attacked by the White Fairy. The White Fairy makes this happen because she was absent at the ceremony and this will be the Princess's gift. She changes the premature death to making her sleep for a hundred years and only to be awakened by the kiss of her true love. Also, all the spindles are taken out of the kingdom, except for a forgotten one.
Over the years, Princess Rosebud grows up, and despite her confusion, no one will tell her why everyone is dressed in rags. Princess Rosebud tells her parents to go on a journey for better clothing. While the King and Queen are away, the Red Fairy tricks the Princess into pricking her finger on the forgotten spindle. The White Fairy's powers activate and put the rest of the kingdom into a deep slumber with thick vines covering the castle. A hundred years go by, and a Prince awakens Princess Rosebud with a kiss.
It won't hit theaters until a projected nearly two years from now, but filming is definitely underway in England on the "Sleeping Beauty" prequel "Maleficent." And from the looks, Angelina Jolie is being put through a few paces in the titular role. We're not just talking about those damned horns, either.