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!