Robert Zemeckis NOT Directing WIZARD OF OZ Remake

So I guess Deadline got it wrong. Yesterday they reported that Warner Bros. was in talks with the director of FORREST GUMP and BACK TO THE FUTURE, Robert Zemeckis, to direct the remake of THE WIZARD OF OZ. As of tonight, Entertainment Weekly says for everyone to calm down on the notion.

While a source at the studio confirms to EW that Zemeckis did indeed take a meeting to bat around the idea of an Oz remake, Zemeckis’ rep tells EW that the filmmaker is definitely not going to pursue the project, saying, “The reports that Robert Zemeckis is doing The Wizard of Oz are absolutely false.” Discussions about the remake were still very preliminary and nebulous — and Zemeckis (who is currently working on a 3D remake of The Yellow Submarine) was the studio’s first choice if it was going to proceed — so odds are the idea will be shifted to the back burner for now.

So what’s everyone think? Who was curious about the  Zemeckis version of the Yellow Brick Road & the Emerald City?