AceShowbiz -

Olivia Wilde has joined Martin Scorsese's rock 'n' roll pilot for HBO. Set in 1970s New York, the yet-to-be titled project explores the drug and sex-fueled music business as punk and disco began to take over, all told through the eyes of a record executive who is trying to resurrect his label and find the next new sound.

Bobby Cannavale has been tapped to play the Richie Finestra, the founder and president of American Century Records who undergoes a crisis of character when confronted with a life-altering decision. Wilde will play his wife, Devon Finestra.

Mrs. Finestra is a former actress/model who lived a Bohemian life in 1960s New York. Richie's crisis causes strain on their family and propels her to go back to her former lifestyle.

Scorsese is directing the drama based on the script penned by Terence Winter. Both of them are serving as executive producers of the project alongside The Rolling Stones' frontman Mick Jagger.

Production is expected to start in early summer, after Wilde gives birth to her child with actor Jason Sudeikis.