Disney Developing A Wizard Of Oz Prequel

We actually like the sound of this!

Sources tell PerezHilton.com exclusively that Disney is developing a prequel to The Wizard of Oz and they’re hoping to snag Johnny Depp or Robert Downey, Jr. in the role of The Wizard!

As for a director, Disney likes Baz Luhrmann!

That could be epic — but would that mean we’d get stuck watching Nicole Kidman as Glinda the Good Witch?

We wonder if it will be based on Wicked or if the script is a new interpretation?