07:34 PM EDT 08/23/2014

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The Wonderful Wizard of Oz

Credit: Disney
Mila Kunis & James Franco Dazzle in Oz The Great and Powerful Trailer

Oz The Great and Powerful Trailer Released

Originally posted 11/14/2012 11:10AM

Nostalgic fans of Dorothy, Toto and witches (both good and bad) will soon get to revisit the wonderful world of Oz – this time in a new film from Disney that takes viewers back in time before the beloved wizard behind the curtain found his magical groove.

Disney released its trailer for the ambitious prequel Oz The Great and Powerful, which stars James Franco as Oscar Diggs, a small-town circus magician who is swept away in a cyclone to ... somewhere over the rainbow. Diggs thinks he's found fame and fortune in the magical kingdom until he runs into trio of witches who doubt he's the wizard they were hoping for and expecting.

Signing on as witches for the 3-D movie, directed by Sam Raimi and set for a March 8 release, are Mila Kunis, Rachel Weisz and Michelle Williams, who will play Glinda, the good witch of the original classic, The Wizard of Oz.

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