The Evil Dead filmmaker said that he is writing a new project with his brother Ted, and is looking forward to revisiting the genre.
"I'd like to make another horror movie, I'm writing one with my brother right now. I'm really looking forward to it," he told Shock Till You Drop.
"I love that crowd, for that original audience I was speaking of, and have it be successful. To do something they like, when a horror crowd really likes your movie, it's so much fun.
"Telling a ghost story to guys that like ghost stories and they're getting scared, it's the greatest thing in the world for me."
Raimi served as producer on the upcoming horror The Possession but has not directed within the genre since 2009's Drag Me to Hell.
Oz: The Great and Powerful arrives in cinemas on March 8, 2013.
Watch a trailer for Oz: The Great and Powerful below: