It tells the story of Sinbad's early life, when he captured two of the dungeons.
Episodes 2 through 6 of the television series are renamed versions of the OVAs. Episodes 1, 7 through 13 will be new animation not featured in the previous OVAs.
Pretty good way to save money by just lumping the OVA episodes together to form half of the anime

Episode 1: a nice introduction to the anime, somewhat sad and shows the greedy and selfish nature of humanity.

What are your thoughts? I have a soft spot for Magi, It's a very nice anime imo, and giving a background story of one of the three main protagonists is pretty nice. I've got high hopes