Jay-Z has opened up on his collaboration with director Baz Luhrmann for his new adaptation of The Great Gatsby.

The rapper has been enlisted to create the soundtrack for the upcoming film, which is due to star the likes of Leonardo DiCaprio and Carey Mulligan.

Jay-Z is also acting as an executive producer for the flick and he said that the movie is a perfect chance to make the F. Scott Fitzgerald story modern. He said:

"The Great Gatsby is that classic American story of one's introduction to extravagance, decadence and illusion. It's ripe for experimentation and ready to be interpreted with a modern twist."

The rapper added: "The imagination Baz brought to Moulin Rouge made it a masterpiece, and Romeo + Juliet's score wasn't just in the background; the music became a character. This film's vision and direction has all the makings of an epic experience."

The Great Gatsby film meanwhile is due to be released in the UK on May 17.