BREAKING: Disney has staked out the weekend of March 8, 2013 to release the Sam Raimi-directed 3D Oz: The Great and Powerful. The film is still casting, but James Franco stars as the title character, with Mila Kunis playing Theodora, Michelle Williams in talks to play Glinda and Rachel Weisz in talks to play Evanora. The film begins production late July in Michigan. Franco plays the charlatan circus magician whose balloon is blown off course. It lands in Oz, where he’s treated as a real wizard by the colorful citizens who see him as the man to rid the lands of a wicked witch. Mitchell Kapner and David Lindsay-Abaire wrote the script, and Joe Roth is producing. Josh Donen and Grant Curtis are also producing and Palak Patel is exec producer.