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This clip is a direct capture from a 1980's VHS tape of the Wizard of Oz bought as part of a video lot from a collector. Unlike the alleged digitally altered DVD version (also screening on this channel) the sequence where Dorothy and the others enter the forest can be seen in its unedited version. Although the image is grainy and suffers from slight jittering you can see in the background what can only be described as a hanging figure.
There have been many attempts to debunk this 'urban myth' but here for the first time is what appears to be evidence to the contrary.