Element X marks int’l sales in Bridges pic

Laffer helmed by first-timer Traeger

CANNES — London-based outfit Element X is handling international sales for the Jeff Bridges comedy “The Moguls,” which starts shooting May 24 in California.

Pic, exec produced by Michael Kuhn’s Qwerty Films and financed through his German tax fund, is written and directed by first-timer Michael Traeger. Aaron Ryder produces.

Bridges stars as a small-town loser whose crazy moneymaking enterprises always come to nothing. But somehow he manages to persuade his motley group of friends to join him in making an amateur porno movie.

The ensemble cast includes Patrick Fugit, Joe Pantoliano, Tim Blake Nelson, Jeanne Tripplehorn, Glenne Headly, William Fichtner, Isaiah Washington and Lauren Graham.

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