James Franco, realizing that his name hadn’t been attached to any projects today, quickly remedied the situation by getting his ass in talks with Disney to play the Wizard himself on the Raimi-directed Oz, The Great and Powerful. Franco has a history with Raimi via the Spider-Man movies, so that connection may have facilitated these initial discussions ever since Johnny Depp backed out (probably because he found out Tim Burton wasn’t involved at all).
While Franco may seem to be an odd choice for such a high-profile role, remember two things: 1) Franco’s profile has increased enormously thanks to 127 Hours, and 2) Franco has demonstrated that he should be considered to be attached to every project in entertainment until it is decidedly proven otherwise.
The talks are early, and the media has an infatuation with all things Franco, so I’m not going to put too much stock in this story just yet, but as long as he keeps using that machine from The Prestige to create duplicates of himself, his name will continue to pop up in every project, big and small. (If you haven’t seen The Prestige by now, you don’t deserve a spoiler alert. That movie is awesome.) (THR)