News: Oz The Great and Powerful trailer Colin D Miller July 13, 2012 Latest News and Videos 1988 A trailer has debuted for Disney’s upcoming Oz The Great and Powerful. Along with the trailer, a new poster was also released in time for this week’s Comic Con in San Diego. James Franco will be playing Oscar Diggs, the small time circus performer who later becomes ruler of the Kingdom of Oz. Â This will mark the first time James Franco has worked with Sam Raimi since the Spider-man trilogy. Also featuring the likes of Mila Kunis, Michelle Williams and Rachel Weisz as three witches, Â the official synopsis for Oz the Great and Powerful is as follows: When small-time magician Oscar Diggs (James Franco) pulls one flimflam too many, he finds himself hurled into the fantastical Land of Oz where he must somehow transform himself into the great and powerful Wizardâ€”and just maybe into a better man as well. With the stunning visual effects on display here and not to mention one of the most attractive casts ever assembled, Oz the Great and Powerful is due to be enchanting our cinema screens next year.