You will be redirected back to your article in seconds

Sorrentino moves to $28 mil ‘Place’

English-lingo pic stars Sean Penn, Frances McDormand

Italo production company Medusa and bank Intesa San Paolo have boarded helmer Paolo Sorrentino’s “This Must Be the Place” starring Sean Penn and Frances McDormand.

In an unusual financing deal, the bank is taking an equity stake in the $28 million pic, one of Italy’s most high-profile and highly anticipated films of the year.

“Place” is mounted as a three-way Italy-France-Ireland co-production with Italy’s Indigo Film and Lucky Red, Gaul’s Arp Selection and Ireland’s Element Pictures.

First unveiled in the run-up to the 2009 Cannes Film Festival, “Place” toplines Penn as a retired rockstar hunting the Nazi criminal who ordered his father’s concentration camp execution. McDormand plays his wife.

David Byrne will compose the score.

Intesa will tap into Italy’s recently introduced tax credits. Pic, which is 70% financed out of Italy, is also benefitting from the EU’s Eurimages co-production fund.

Pathe, which has been selling internationally, closed a slew of presales on the pic in Cannes in May. Medusa will distribute in Italy.

Principal photography on Sorrentino’s English-language debut is due to start Aug. 16 in Dublin with seven more weeks of shooting in the U.S.

Sorrentino, speaking at a Milan presser on Thursday via satellite link from New York, recounted how Penn, when he headed the Cannes jury in 2008, told him he wanted to work with him after seeing his “Il Divo,” which took the fest’s Prix du Jury that year.

With Penn in mind, Sorrentino wrote the screenplay for “Place” in tandem with Italo scribe Umberto Contarello, whose previous credits include Gianni Amelio’s “The Missing Star.”

Sorrentino told journos the film has a double theme. “On the one hand, it’s about a father-and-son relationship,” he said.

“On the other, it delves into the theme of the Holocaust, which is a lot riskier, but also something I’ve been thinking about a lot.”

More Film

  • Jennifer Lopez

    Jennifer Lopez 'Absolutely' Wants to Direct Film and Television

    Jennifer Lopez epitomizes the phrase “she’s done it all” — but there’s still more that the superstar would like to do. Lopez recently directed her first music video, “Limitless,” the track featured on her new rom-com “Second Act,” and it seems the multi-hyphenate has caught the directing bug. “Absolutely, absolutely,” Lopez responded when asked by [...]

  • Daniel Craig

    Rian Johnson's Murder Mystery 'Knives Out,' Starring Daniel Craig, Set for Thanksgiving Release

    Lionsgate has bought distribution rights to Daniel Craig’s murder mystery “Knives Out” and set a Thanksgiving release date of Nov. 27. MRC financed “Knives Out,” directed by Rian Johnson — best known for “Star Wars: The Last Jedi.” Lionsgate will also distribute the pic worldwide. The movie came together during the Toronto International Film Festival [...]

  • The favourite Movie

    Olivia Colman to Be Honored by Palm Springs Festival for 'The Favourite'

    “The Favourite” star Olivia Colman will receive the Desert Palm Achievement Award by the Palm Springs International Film Festival. The award will be presented by her co-star Emma Stone at the festival’s awards gala on Jan. 3 at the Palm Springs Convention Center. The festival, now in its 30th year, runs from Jan. 3 to [...]

  • Oscars Oscar Academy Awards Placeholder

    Motion Pictures Academy Announces Scientific and Technical Awards

    The Academy of Motion Picture Arts and Sciences has announced nine scientific and technical achievements, represented by 27 individual recipients, to be honored at the annual Scientific and Technical Awards Presentation Feb. 9 at the Beverly Wilshire Hotel in Beverly Hills, Calif. In addition, Curtis Clark will be receiving the John A. Bonner Award for his service [...]

  • Once Upon a Deadpool trailer

    Box Office: 'Once Upon a Deadpool' Earns $1 Million on Wednesday

    Fox’s “Once Upon a Deadpool,” a reimagining of “Deadpool 2,” picked up an estimated $1 million from 1,566 theaters during Wednesday previews. In the PG-13 version, the Merc with a Mouth retells the heroic sequel as a bedtime story to Fred Savage a la “Princess Bride.” Because there aren’t clear comps, rival studios and industry [...]

  • Queen of Scots Hair and Makeup

    'Mary Queen of Scots' Hair, Makeup Artist Gave Substance and Style to Battling Queens

    Jenny Shircore has done the makeup and hair of several queens over the years: Cate Blanchett in “Elizabeth” and “Elizabeth: The Golden Age” (she won an Oscar for the former) and Emily Blunt in “The Young Victoria.”  In fact, she had to be convinced to do it again for Saoirse Ronan’s Queen Mary and Margot Robbie’s [...]

More From Our Brands

Access exclusive content