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Oz the Great and Powerful sequel being developed

Wizard of Oz prequel already a hit

A sequel to the newly released Oz the Great and Powerful is in the works.

Oz the Great and Powerful

Oz the Great and Powerful has just made its debut, but a follow-up is already in the works.

Variety reports that a sequel is currently being written by Mitchell Kapner, who co-wrote the Sam Raimi–directed film with David Lindsay-Abaire.

That's not surprising considering the colorful fantasy flick — starring James Franco, Mila Kunis, Rachel Weisz and Michelle Williams — is already on track to become a box office smash.

The Hollywood Reporter notes that Oz the Great and Powerful, which earned favorable reviews from critics, took in a whopping $2 million during Thursday night showings. Studio execs are confident that the whimsical film will top the box office this weekend.

It is unclear which actors will be returning for the sequel, but according to Kunis, there's a strong possibility that all of the stars could return.

"We're all signed on for sequels," the actress told E! on Thursday.

Weisz also seemed to be on board, telling the site, "If there is one, I'd love to be in it."

All details surrounding the plot of the next film are currently under wraps.

How Oz The Great and Powerful differs from the original flick >>

Released by Disney, Oz the Great and Powerful serves as a prequel to the beloved tale The Wonderful Wizard of Oz. Based on the 1900 book by L. Frank Baum, The Wonderful Wizard of Oz was adapted for the screen in 1939 and has since become one of the most well-known works in film history.

Photo courtesy Wenn.com
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