The never-ending quest of James Franco doing awesome things continues, as this year's Oscar host has officially landed his next big assignment as the Wizard of Oz.

Franco has closed his deal to take on the starring role in "Oz the Great and Powerful," a move that reunites him with "Spider-Man" director Sam Raimi. Deadline reports that Franco will shoot "Oz" this summer between the Noah Baumbach-directed "While We Were Young" and David Cromer's "Sweet Bird of Youth," based on the Tennessee Williams play.
There are more headlines to sift through today, so click those ruby slippers past the jump to read about the new censored version of "The King's Speech," "Prometheus" casting news and more!
The "Spy Kids 4" cast is rounding out more and more, and damn if it's not looking pretty great. Jessica Alba
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'Spy Kids 4': Jessica Alba Risks Life, Limb And Babies As Sexy Spy Mom In First Official Photo
Posted 4/21/11 2:30 pm EST by Jeremy Gordon in Commentary, News, Photos
But the wheels turn, and the "Spy Kids" franchise is being relaunched this year with original director Rodriguez at the helm. It'll star a newly-expecting Jessica Alba as a retired spy mom who gets thrown back into the biz when an evil Jeremy Piven shows up to do something or other.
Dimension tossed out the first image from the movie (via Bleeding Cool), showing a positively worried Alba holding her daughter, getting ready for spy stuff. And even if the image is just a smidge on the cheesy side, we actually think there's good cause to get excited over Alba's sexy spy mom -- and, as if you needed them, we've got the reasons why past the jump.
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Tags jeremy piven, jessica alba, joel mchale, robert rodriguez, Spy Kids 4