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Parker Posey joins ‘Grace of Monaco’

Milo Ventimiglia also in talks for Grace Kelly biopic

After well-received turns on the hit TV shows “The Good Wife” and “Louie,” Parker Posey has joined the cast of Olivier Dahan’s “Grace of Monaco,” while Milo Ventimiglia is in negotiations for a key role.

Pierre-Ange Le Pogam is producing with financier Uday Chopra of YRF Entertainment and scribe Arash Amel.

Nicole Kidman stars as Grace Kelly, the Oscar-winning actress who had already spent six years as the monarch of a European nation when she was called upon to save Monaco from an escalating situation regarding its standing as a tax haven.

Tim Roth co-stars as Monaco’s Prince Rainier III, who was given six months to reform the nation’s tax laws by French leader Charles de Gaulle.

Posey will play Madge Tivey-Faucon, Kelly’s scheming lady-in-waiting, while Ventimiglia will play Kelly’s publicist Rupert Allan, who served as consul general for the principality of Monaco. In 1989, Prince Rainier made Allan a Chevalier of the Order of Grimaldi in honor of his service.

Frank Langella and Spanish thesp Paz Vega co-star as a helpful priest and renowned opera singer Maria Callas, respectively.

Production will begin imminently in France before moving to Belgium.

Posey recently wrapped a trio of indie pics: “Highland Park” with Billy Burke and Deborah Ann Woll, “And Now a Word From Our Sponsor” with Bruce Greenwood and Michael Walker’s “Price Check.”

Ventimiglia recently starred in the Sony comedy “That’s My Boy” and reteamed with star Adam Sandler on “Grown Ups 2.” He recently wrapped the indie pics “Static” and “The Firstling” and will soon be seen alongside Robert De Niro and John Travolta in Mark Steven Johnson’s “Killing Season.”

CAA reps Posey and Ventimiglia, who are respectively managed by Untitled Entertainment and Management 360. Ventimiglia is also repped by attorney Jeff Frankel.