The volatile rock music scene of 1970s New York will live again in a new HBO series shaped by a couple of contributors who know a thing or two about 1970s New York and rock music.

HBO said on Tuesday that it had given a series order to an untitled drama whose producers include Martin Scorsese and Mick Jagger, and which will “explore the drug- and sex-fueled music business as punk and disco were breaking out, all through the eyes of a record executive trying to resurrect his label.”

The series will star Bobby Cannavale (“Blue Jasmine”) as the fictional executive, Richie Finestra, and Olivia Wilde (“House”) as his wife; other cast members include Ray Romano, Juno Temple and Andrew Dice Clay. Terence Winter, the show runner of HBO’s period crime drama “Boardwalk Empire,” will be the show runner of this new series and Mr. Scorsese – whose use of Rolling Stones music in films like “Goodfellas” and “Casino” usually signals that something dire is about to happen – will direct its pilot episode. A debut date for the show was not immediately announced.