Walt Disney Pictures has released a new clip from director Sam Raimi’s upcoming Wizard of Oz prequel Oz the Great and Powerful.  The film centers on a small-time circus magician with dubious ethics (James Franco) who finds himself transported to Oz and drawn into a battle between the three witches Theodora (Mila Kunis), Evanora (Rachel Weisz) and Glinda (Michelle Williams).   This clip features Franco and Williams’ characters traveling by bubble through the film's colorful scenery, and while it’s a nifty look at the world that Raimi has created, it really does seem like it would best be enjoyed on a giant screen in bright 3D.

Hit the jump to watch the clip, and if you missed any of Steve’s set visit coverage, check out 30 things to know about the film plus a video blog, and his interviews with Sam RaimiJames FrancoMichelle WilliamsZach Braff, and Joey King.  Oz the Great and Powerful opens in 3D on March 8th.

Here’s the official synopsis for Oz the Great and Powerful:

Disney’s fantastical adventure “Oz The Great and Powerful,” directed by Sam Raimi, imagines the origins of L. Frank Baum’s beloved wizard character. When Oscar Diggs (James Franco), a small-time circus magician with dubious ethics, is hurled away from dusty Kansas to the vibrant Land of Oz, he thinks he’s hit the jackpot—fame and fortune are his for the taking—that is until he meets three witches, Theodora (Mila Kunis), Evanora (Rachel Weisz) and Glinda (Michelle Williams), who are not convinced he is the great wizard everyone’s been expecting. Reluctantly drawn into the epic problems facing the Land of Oz and its inhabitants, Oscar must find out who is good and who is evil before it is too late. Putting his magical arts to use through illusion, ingenuity—and even a bit of wizardry—Oscar transforms himself not only into the great wizard but into a better man as well.

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