Fickle director Sam Raimi has reportedly finally committed to Disney's Oz: The Great and Powerful, which is being seen by the studio as sort of a successor to Alice in Wonderland, in that it too will feature a once-more-interesting director making a ton of money off an old story by pumping it full of 3-Ds. David Lindsay-Abaire, who just adapted his Pulitzer Prize-winning play Rabbit Hole into a script--and also wrote some films your children will forget ever seeing, like Robots and Inkheart--is working on a rewrite of the script; Robert Downey Jr. is attached to star as a charismatic Oz that you can't help but like.
The announcement puts to rest months of speculation over what Raimi's next project would be, with most reports indicating he'd do either this or World of Warcraft. Now that Disney has him locked, I'd recommend they make sure none of his friends tell him about any awesome guild raids they've been going on. That's always what pulls my friends back into World of Warcraft.