Earlier this month, we got a look at the promotional poster for Disney’s upcoming movie Oz: The Great and Powerful. This week, we are getting a little taste of what we can expect from this movie with the release of the first movie trailer. It’s just 1 minute and 50 seconds in length, but Disney has really packed a decent amount of intrigue and suspense into it to get audiences really excited.

Before we get to that, here’s the synopsis of the movie, just in case you haven’t yet heard any of the hype that has been circulating:

Disney’s fantastical adventure Oz: The Great and Powerful, directed by Sam Raimi, imagines the origins of L. Frank Baum’s beloved character, the Wizard of Oz. 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 and powerful Wizard of Oz, but into a better man as well.

And here’s the trailer:

You can also view the trailer on iTunes.

Disney’s Oz: The Great and Powerful will be released in US theaters on March 8th, 2013. What do you think of the trailer?