The event is a new five-day film festival, organised within the epic music festival, reported Deadline.
The fest has been conceived and curated by director Julien Temple. It will screen movies onto the biggest cinema screen in the UK.
The audience will be seated in a post-apocalyptic drive- in auditorium.
At the event, Depp will talk about his personal choice of films, "The Libertine", "Dead Man" and "Withnail & I".
The movies will be screened and Depp will also discuss the selections in person with Temple.