Sam Raimi has said no to returning as director for the Oz: The Great and Powerful sequel that was announced yesterday. Why? He simply isn't interested in the story.

"I haven't planned on directing the sequel. I did leave some loose ends for another director if they want to make the picture. I tried to make it a complete ending, so that the audience would be fulfilled. I was attracted to this story but I don't think the second one would have the thing I would need to get me interested."

Mitchell Kapner is currently working on the screenplay. It isn't known whether the story will take place directly after Oz: The Great and Powerful, or if it will be closer to the events that take place in the 1939 Warner Bros. classic The Wizard of Oz. Our report from yesterday also revealed that the writer cannot use any elements of The Wizard of Oz that weren't in L. Frank Baum's original novel, such as Dorothy's ruby slippers. The novel itself, however, is in the public domain.