MGM is about to set foot in a magical new land for its new film project. According to Variety, the studio has snatched up the spec script Adventures in Zametherea from writers Michael M.B. Galvin and Peter Speakman.

The story is described as a modern-day The Wizard of Oz, with a cold-hearted banker that revists the imaginary land of his childhood and he must go to his distant 10-year-old son for help.

No production schedule has been announced as of yet.