Italian producer Aurelio De Laurentiis has sealed the first foreign sale of his $70 million retro sci-fi movie “World of Tomorrow,” with Gaga Communications reportedly paying north of $10 million for all Japanese rights.
The f/x-laden pic, written and directed by 29-year-old American rookie Kerry Conran, stars Gwyneth Paltrow, Jude Law and Angelina Jolie.
The film is one of several big-budget pics here that have yet to find a U.S. distrib. It has just finished shooting in the U.K., and is embarking on a 52-week post-production schedule in California.
Little has yet been publicly revealed about the plot and conception of “Tomorrow,” but it’s understood to be the story of a reporter (Paltrow) and an aviator (Law) who embark on a futuristic adventure just before WWII. It starts in New York and then moves to Tibet and the Pacific islands.
De Laurentiis, nephew of Dino and one of Italy’s most consistently successful producer-distributors in his own right, fully financed the pic without pre-sales. He will release it in Italy via his company Filmauro.
He produces four or five Italian movies each year, but this is his first major American pic since “Leviathan” in 1988.
“World of Tomorrow” is produced by Jon Avnet (“George of the Jungle”) with Martha Oglesby, Law and his wife, Sadie Frost. De Laurentiis is exec producing with Raffaella De Laurentiis and Bill Haber.