Olivia Wilde and Tobey Maguire join Damian Chazelle's 'Babylon'
Spike Jonze and Phoebe Tonkin are also coming aboard the project.

According to The Hollywood Reporter, the movie is set in the late 1920s during the movie industry's transition from silent films to talkies, and will chart the rise and fall of multiple characters.
Also part of the film's sprawling cast are Jovan Adepo, Li Jun Li, Katherine Waterston, Max Minghella, Lukas Haas, Flea, Rory Scovel, Samara Weaving, Eric Roberts, PJ Byrne and Damon Gupton.
The project is being touted as 'The Great Gatsby on steroids'.
Character details are being kept locked tight, and it is unclear whether Wilde, Jonze, Tonkin and Maguire are playing fictional or historical characters.
Additionally, Maguire will serve as executive producer alongside Helen Estabrook and Adam Siegel.
'Babylon' will be produced by Olivia Hamilton, Matt Plouffe and Marc Platt.
The movie, which comes from Paramount Players, will have a limited theatrical release on Christmas 2022, followed by a worldwide release on January 6, 2023.
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