ROME — Fox is going local in Italy with the launch of a long-gestating film production shingle called 21st Century Fox.
Outfit’s first film will be “Vallanzasca — The Flower of Evil,” a biopic about Milanese mobster Renato Vallanzasca who in the 1970s carried out a string of robberies, kidnappings, murders and prison escapes that made him a quasi-mythical outlaw.
The $12 million noir, to be helmed by Michele Placido (“Crime Novel”), is produced by Fox in association with Italo producer Elide Melli’s Cosmo shingle. The pic, based on Vallanzasca’s autobiography, starts shooting in Milan in January.
Italo thesp Kim Rossi Stuart will play the notorious mobster, who received four life sentences and has spent 39 years behind bars after.
Paz Vega will play Vallanzasca’s wife, and German thesp Moritz Bleibtreu (“Soul Kitchen”) is a fellow gang member.
Fox Italy topper Osvaldo De Santis is keeping mum for the moment on what other projects are in the pipeline. All output will be distributed in Italy by Fox.
Finally, 30 years after Bernardo Bertolucci’s ‘Luna,’ and several experiences distributing Italian movies, Fox is back investing in Italian production,” De Santis said.
Fox’s investment in Italo production follows similar moves in recent years by Warner Bros. and Universal.