Robert Zemeckis and Warner Bros. are in early negotiations to develop a live-action remake of the The Wizard of Oz based on the original script from the 1939 classic.
When Warner Bros. bought Ted Turner's media empire they also came into possession of the screenplay. There may be dueling Oz projects with Disney trying very hard to develop The Great And Powerful Oz with Sam Raimi and starring Robert Downey Jr.
Both Raimi and Zemeckis have a lot going on right now. Raimi has been busy with this plan and the Word of Warcraft project with Warner Bros. and Legendary Pictures. Zemeckis is in the middle of working on the Yellow Submarine for Disney, scheduled for a 2012 release. If that was not enough, Zemeckis is also attached to work on Timeless using performance-capture animation for Warner Bros.
I am sure that this news has caused many fans to be up in arms. When I first saw it I thought "Oh no, this is one classic that should not be remade." Having learned that they are using the original material is some consolation. The script will have to be air tight, and more importantly, the cast will have to be as iconic as the original.
What are your thoughts of an Oz remake? Who would you like to see in the leading roles?