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Dec. 19, 2008 / 5:04 PM

Baz Luhrmann buys rights to 'Gatsby'

Baz Luhrmann and wife arrive for the premiere of "Australia" at the Ziegfeld Theater in New York on November 24, 2008. (UPI Photo/Laura Cavanaugh)

Baz Luhrmann and wife arrive for the premiere of "Australia" at the Ziegfeld Theater in New York on November 24, 2008. (UPI Photo/Laura Cavanaugh) | License Photo

LOS ANGELES, Dec. 19 (UPI) -- Australian filmmaker Baz Luhrmann has bought the rights to F. Scott Fitzgerald's Jazz Age novel "The Great Gatsby," Variety.com reported.

Luhrmann's films include "Moulin Rouge," "William Shakespeare's Romeo & Juliet," "Strictly Ballroom" and the current release, "Australia."

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The entertainment industry trade newspaper said Luhrmann plans to concentrate on making a "Gatsby" adaptation after he finishes campaigning on behalf of "Australia" this awards season.

A screenplay for the latest incarnation of the popular book has not been penned yet and no studio is attached to the project, Variety.com said.

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