We'll soon get to meet the Wonderful Wizard (aka Oscar Diggs) when 'Oz: The Great and Powerful' hits theaters on March 8th, but before that happens we're sure to see lots more TV spots, and perhaps even some new photos and posters. Enter in the latest 'Oz' trailer that, regardless of its 50-second length, has lots of new footage to show us.

Some of the questions we initially posed when the first full-length 'Oz: The Great and Powerful' trailer hit a while back have been cleared up over time through the short but numerous TV spots and trailers for the film. Now we're able to piece together even more as Disney has revealed new footage, teasing the destructive powers of the Wicked Witch of the West and the impending battle for the throne of Oz.

James Franco stars in Sam Raimi's interpretation of the 'Wizard of Oz' prequel storybooks as Oscar Diggs, a common stage magician whisked away to the Land of Oz. Following his crash landing in this magical realm, he encounters three witches (Michelle Williams, Mila Kunis, Rachel Weisz) who all think he retains supernatural powers. Now he's mixed up with a couple of evil sorceresses and a battle to claim the throne of Oz.

Take a look at the new, 50-second 'Oz: The Great and Powerful' TV spot below to check out the new footage.