Two major roles for Sam Rami’s Wizard of OZ movie had had two major casting choices been made. James Franco as the Wizard and Mila Kunis as the Wicked Witch of the West. Disney PR says that “nothing is confirmed” at this point.
The film is about “a young illusionist with a grandiose attitude who is forced to flee a traveling circus. His hot air balloon is swept up by a tornado to the land of Oz, which is run by two magical wicked witches.” We assume that he then gains control of Oz.
The Oz script was recently rewritten by David Lindsay-Abaire. It “tells the story of the origins of the Wizard, and of Oz’s infamous witches like Glinda, who becomes the Good Witch of the North, and Evanorah, who becomes the Wicked Witch of the East.”