VIDEO: Watch The New ‘Oz’ Trailer Starring James Franco 3

The trailer for Oz The Great and Powerful, starring James Franco, is out!

It was debuted at Comic-Con in San Diego yesterday by director Sami Raimi .

Raimi described the film’s plot at the annual gathering: “It’s who the wizard was and how he became the wizard we know. He’s a lothario and cad at first. By the time he gets to Oz, it’s like a land of second chances for him.

The film will hit theaters in March 2013.

Watch the trailer below!