Paramount Pictures is making The Long Play, a rock 'n' roll epic that will be developed as a directing vehicle for Martin Scorsese, according to Variety.

William Monahan is set to rewrite the script, reteaming the dual Oscar winners from The Departed.

Paramount has also put Scorsese back in business with Mick Jagger and his Jagged Films partner Victoria Pearman, who'll produce The Long Play with Scorsese.

Scorsese directed Jagger and his Rolling Stones bandmates in a feature documentary shot last fall at the Beacon Theater.

The Long Play follows two friends through 40 years in the music business, from the early days of R&B to contemporary hip-hop.

While Scorsese and Monahan have discussed continuing the storyline of their best picture winner The Departed, Monahan will write The Long Play as his next assignment.