Olivia Wilde has joined the cast of Martin Scorsese and Mick Jagger’s rock and roll pilot for HBO.

The unnamed drama about the drug and s**-fuelled music business in 1970s New York will start filming in the summer, based on an idea by Mick Jagger.

Bobby Cannavale will play record executive Richie Finestra, who tries to resurrect his label.

Olivia Wilde revealed on Twitter she “could not be more psyched” about landing the role of his wife Devon.

Olivia Wilde has joined the cast of Martin Scorsese and Mick Jagger’s rock and roll pilot for HBO

Martin Scorsese will direct the pilot episode which is written by his regular collaborator Terence Winter – whom he worked with on Wolf of Wall Street and Boardwalk Empire – and George Mastras of Breaking Bad.

According to Variety magazine, all three will executive produce the project along with Mick Jagger.

The show will be seen through the eyes of Richie Finestra, the founder and president of American Century Records, who is struggling to find the next new sound as punk and disco begin to take over the music business.

Richie Finestra is then hit with a crisis of character when he is forced to make a life-altering decision, which sends his wife – a former actress and model – back to her old bohemian lifestyle.

The new drama will mark a return to TV for Olivia Wilde, who played Dr. Remy Hadley in House from 2007 to 2012.

Olivia Wilde recently appeared in Spike Jonze film Her and Ron Howard’s Formula One drama Rush.