While promoting his latest interpretation of a classic work, "The Great Gatsby," director Baz Luhrmann revealed that he once had a chance to adapt an even more lucrative feature: "Harry Potter and the Sorcerer's Stone."

During an interview on Britain's "The Graham Norton Show," Luhrmann discussed how after he directed Warner Bros.'s "Romeo + Juliet," the studio approached him with an offer to helm the first "Harry Potter" film. Luhrmann admitted that since he was unfamiliar with Rowling's then fairly new books -- and in the midst of planning his next feature -- he turned down the job.

"The first one came along and they rang me, and while I love the pictures and the books now, then I thought, 'What's that?' And said, 'Well that sounds interesting, but I'm thinking of doing a reinvention of the modern musical,' and that was 'Moulin Rouge,'" Luhrmann said. "So I'm an obvious idiot, because I should have taken 'Harry Potter.'"

Indeed, it's fun to imagine what Luhrmann would have brought to the series. While Chris Columbus -- who directed "Sorcerer's Stone" -- took an overly faithful approach to his interpretation that many critics agreed lacked some luster, Luhrmann no doubt would have pumped his film full of adrenaline. Might he have made Harry, Ron, and Hermione sing and dance? Would his trademark frenetic camera work and penchant for flashy flourishes have lent itself well to the Quidditch and spell-casting?

Whatever approach Luhrmann might have taken, he's no doubt wishing he had some magic of his own to help him go back in time and rethink his decision. While "Moulin Rouge" helped usher in a new age of Hollywood musicals, it made just over $179 million at the worldwide box office, compared to the $7 billion total of the eight "Potter" films.

[via Digital Spy h/t CinemaBlend]

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