This is one of a million "Oz" project coming out in the next couple of years (can you say over-saturation).
Here's some info on the film:
There is trouble in Oz and Dorothy is needed! With Glinda’s help, she and Toto return to Oz. Joined by her old friends the Scarecrow, the Tin Woodman, the Lion as well as exciting new characters, Dorothy sets out on a perilous journey to stop the crafty Jester from using the power of the Wicked Witch of the West’s wand to turn the people of Oz into puppets. That seems to be the least of Dorothy’s problems as her travels lead her straight into a treacherous maze, a cave full of very hungry dragons and an evil spell that could destroy the Yellow Brick Road. Dorothy has the daunting knowledge that it is up to her to stop Jester’s terrible plan. Audiences will welcome the return of the old Oz favorites and will love meeting new friends like Tugg a gruff talking boat and Wiser an owl with an unlucky attraction to molasses.