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Watch James Franco, Michelle Williams & Mila Kunis in 'Oz the Great and Powerful' Trailer

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Jul. 13 2012, Published 1:14 p.m. ET

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Get ready for this one, folks! If you thought Angelina Jolie's Magnificent was the Disney fairy-tale movie to look out for, think again! 

Some members of the cast and crew of the Disney flick Oz the Great and Powerful — which includes A-list stars James Franco, Michelle Williams, Mila Kunis and Rachel Weisz — discussed the movie at Comic-Con International: San Diego 2012 last night and premiered the trailer for the whimisical film. 

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Giving a new spin on the story of The Wizard of Oz, Oz the Great and Powerful tells the tale of L. Frank Baum's beloved character Oscar Diggs (James), who is swept away by a Kansas tornado and ends up in the Land of Oz, where fortune and fame await him. But Oscar meets three witches: Theodora (Mila), Evanora (Rachel) and Glinda (Michelle), who question whether he's the true wizard everyone has been waiting for. 

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So, as Oscar transforms himself into the iconic Wizard of Oz, he must find out who's good and who's evil while learning not only how to be great and powerful, but to be a good person as well. 

Watch the trailer below and let us know what you think! Oz the Great and Powerful hits theaters March 8, 2013. 

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