First Look at Leo, Tobey, Carey Mulligan in 'Gatsby' Trailer

The most jarring aspect of the trailer is the music, which is far from anything that would have been played during a roaring '20s shindig. The trailer opens up with Jay-Z and Kanye's Watch the Throne track "No Church in the Wild" before transitioning to Jack White's cover of "Love is Blindness." As someone who set Shakespeare to Radiohead, Luhrmann isn't shy about incorporating an anachronistic soundtrack to give new life to the familiar story.

For Gatsby purists out there who are up in arms about the tunes, note that these modern selections are actually quite appropriate. "No Church in the Wild" talks about a Rolls-Royce, showing off one's wealth to impress a lady, and avoiding police shakedowns, and all of "Love is Blindness" matches the tumultuous romance between Gatsby and Daisy (played by Carey Mulligan).

Fireworks, a speeding Rolls-Royce, palatial estates, flappers, flying shirts, Jack White, and autotune – all of these things make their way into Baz Luhrmann's re-imagining of F. Scott Fitzgerald's iconic novel The Great Gatsby. The trailer for Gatsby (out Christmas Day) premiered online Tuesday and has left film fans drooling in anticipation.

The rise and fall of the rich and mysterious Jay Gatsby (Leonardo DiCaprio) coupled with a volatile love triangle is the perfect template for a Luhrmann film. As the trailer shows, the director's highly polished and glossy style matches the lavish excess of the prohibition-era 1920s.