Following the announcement that Ang Lee's Life of Pi will open the 50th annual New York Film Festival and Robert Zemeckis' Flight will close it out, the Film Society of Lincoln Center announced this year's centerpiece film—and it's a Sopranos creator David Chase's film directorial debut, Not Fade Away.

According to the Film Society, the "coming-of-age movie is set in New Jersey in 1964 where a group of friends are inspired to form their own rock band fronted by a gifted singer-songwriter (terrific newcomer John Magaro). The film masterfully captures the era’s conflicting attitudes and ideologies, all set to a dynamic soundtrack produced by the legendary Steven Van Zandt. The film also stars Jack Huston, Will Brill, Bella Heathcote, James Gandolfini, Brad Garrett and Christopher McDonald. To be released by Paramount Vantage, the film’s roll-out will begin on December 21, 2012."

FSLC Executive Director Rose Kuo said, "It's a privilege to welcome David Chase to the New York Film Festival with his feature film debut. NOT FADE AWAY's fun, music-infused world created by Chase offers an endearing and complex portrait of a young man's coming-of-age in the 60s and features terrific work by an ensemble cast of exciting new talent," while Chase said, "NOT FADE AWAY is a personal film with a backdrop very important to me, a period in American music that was one of the best. To have the film debut at the NYFF exceeds my wildest dreams and the dreams of everyone associated with the movie. So many of my favorite films have been revealed to the public at the NYFF. I'm honored and thrilled."

Previous years NY Film Festival centerpiece selections have included My Week With Marilyn (2011), The Tempest (2010), Precious (2009), The Changeling (2008), No Country For Old Men (2007) and Volver (2006).

Not Fade Away was a Buddy Holly and the Crickets song (with a Bo Diddley beat) and has been covered by the Rolling Stones and Rush: