Celluloid Dreams bets on 'Vegas'

Company also sells 'Valentino'

By JOHN HOPEWELL

MADRID — Continuing its long-standing association with Iranian filmmakers — Hengameh Panahi brought Abbas Kiarostami’s first films to the world — Celluloid Dreams has acquired rights outside the U.S. to “Vegas: Based on a True Story,” helmed by Iranian-born director Amir Naderi (“Sound Barrier”).

North American rights will be repped by Cinetic Media. “Vegas” plays in Competition at Venice.

Panahi’s Paris-based production and sales company will also rep what is already one of the most-talked-about docus heading to the Lido: Matt Tyrnauer’s “Valentino: The Last Emperor.”

A key figure in Iranian filmmaking, whose 1985 “The Runner” was a milestone in national production, Naderi fled from Iran in the 1980s. In “Vegas,” he continues his examination of U.S. life, focusing on a blue-collar family living on the outskirts of Sin City.

Produced and directed by Vanity Fair scribe Tyrnauer, the high-def “Valentino” celebrates the recently-retired Italo fashion designer — both his creativity and opulence.

Richard Klubeck at UTA reps North American rights.

Skedded as a Horizons Event, “Valentino” will have a Gala screening at Venice’s La Fenice Opera house. Fashionistas take note: a party also appears to be in the works.