TK noticed last summer that there were not one, but two different Wizard of Oz projects in production. Now there’s a third, and it’s got Sam Raimi helming it. That noise you hear is the upside of Sony’s curbstomping of Raimi’s future with the Spiderman franchise.
The movie is being pitched both as a prequel and a dark reimagining, so they’re one cliche away from a lame PR trifecta already. Called Oz, The Great and Powerful, it is loosely based on Baum’s books, and focuses on the time before the Wizard went to Oz, when he was “a charlatan who’s part of a traveling circus but goes on a similar odyssey as Dorothy when he mysteriously lands in Oz.” That’s most perturbing, since it actually represents what appears to be a genuinely original take on an old story.
Oh, and Robert Downey Jr. is attached to play the Wizard.
I only hope that they retain the original story’s nuanced arguments of monetary policy.