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Quote:A new take on the various L. Frank Baum books from which “The Wizard of Oz” tale was born will be explored by Warner Bros., according to Variety. Baum created a total of 15 stories that surround the Oz legacy.

Village Roadshow Pictures will team up with Warner Bros. by taking an idea hatched by Spawn creator Todd McFarlane and screenwriter Josh Olson. The former will produce while the latter will create a script.

This has been a project in the works for quite some time but now it can go full steam ahead since Warner purchased the rights to “Oz” from Ted Turner...