New trailer released for ‘Oz: The Great and Powerful’ starring James Franco

iTunes just premiered a new trailer for the upcoming Sam Raimi film ‘Oz: The Great and Powerful’ and the film, set to be released on March 8, 2013, is already generating some serious buzz.

James Franco stars as Oscar Diggs a small-time magician living in Kansas, who dreams of greatness. When his hot-air balloon is caught in a tornado, Diggs finds himself in the land of Oz surrounded by three witches, one of who is played by Mila Kunis. Diggs is told the prophecy of a great man who will save Oz from the wicked witch.

The original trailer, which premiered at this year’s Comic-Con in San Diego, gives this same premise but the new trailer also gives us a deeper look into story. It reveals that Diggs must undertake the challenge of convincing the inhabitants of Oz that he is the great man that the prophecy has promised. We are also introduced to a flying monkey voiced by actor Zach Braff and a mysterious porcelain doll named China Girl.