James Franco is about to add even more to his ever-growing plate.

The Oscar-nominated actor, who will also serve as co-host of the 83rd telecast (Sunday, Feb. 27, 8:30PM on ABC), has reportedly closed a deal to star in the highly-anticipated 'Wizard of Oz' prequel 'Oz: The Great and Powerful,' based on the novel by L. Frank Baum.

The film, in which Franco will chronicle the titular character's early days as a young illusionist, will reteam him with 'Spider-Man' director Sam Raimi, with a script by Mitchell Kapner ('The Whole Nine Yards') and Pulitzer Prize winner David Lindsay-Abaire ('Rabbit Hole').

Robert Downey Jr. was originally set to star in the film, until he dropped out of the project in January. Johnny Depp was rumored as a possible replacement, but reportedly passed.
Oz the Great and Powerful Movie Poster
Oz the Great and Powerful
PG2013
Based on 42 critics

When shady circus magician Oscar Diggs (James Franco) is hurled away from Kansas into the wonderful land... Read More

categories Movies, Cinematical