Finally! After months of anticipation since NBC first announced it had a live adaption of the beloved musical The Wiz in the works, the network released a teaser for the production Tuesday.

In the clip, we see Dorothy (Shanice Williams), the Tin Man (Ne-Yo), the Cowardly Lion (David Alan Grier) and the Scarecrow (Elijah Kelley) strutting their stuff. (While not much has changed since the 1978 film, we did notice that Dorothy wears sneakers briefly as she's boogieing down the yellow brick road.)

Check out The Wiz Live's fun and fashionable first photo

Set to the musical's iconic tune, "Ease on Down the Road," the promo also highlights the other stars who'll appear, including Queen Latifah as The Wiz, Mary J. Blige as The Wicked Witch, Common as The Gatekeeper and Uzo Adubaas Glinda the Good Witch.

Here's to hoping NBC gets this classic right! What do you think? Does the clip get you excited for the live event?

Directed by Kenny Leon, The Wiz Live! premieres Thursday, Dec. 3 at 8/7c on NBC.