Penélope Cruz is Donatella Versace in 'Versace: American Crime Story'

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Penélope Cruz is Donatella Versace in 'Versace: American Crime Story'

Executive produced by FX mainstay Ryan Murphy, American Crime Story is following up its acclaimed debut season The People v. O. J. Simpson with a varied slew of true crime stories.

Versace will begin production in April in Los Angeles and Miami for a 2018 premiere.

While the Hurricane Katrina-centric follow-up iteration to Murphy's acclaimed 2016 FX anthology series American Crime Story is circling a premiere date, the 2018-set third iteration has just procured an Oscar victor to play its central character in Penélope Cruz. It will be based on the book Vulgar Favors: Andrew Cunanan, Gianni Versace, and the Largest Failed Manhunt in U.S. History. With the anthology series' third iteration centering on the Versace fashion empire in the wake of the 1997 Miami Beach murder of founder Gianni Versace, Cruz will play the role of younger sister Donatella Versace, who subsequently became the face of the worldwide fashion house.

Earlier this year, there were reports that Lady Gaga would portray the fashion icon (given their physical similarity, and that she worked on Murphy's other show American Horror Story, this seemed a logical casting).

The first series, The People V OJ Simpson, aired past year and picked up accolades at the Golden Globes and the Emmys. The Oscar victor will play the blonde-haired fashion designer and sister to Gianni Versace, whose murder is the central focus of season 3. But Murphy told reporters last January, "She's a friend".

"When you're going to do a show like Versace, it's a five-month commitment, it's a very big show, we're shooting it all over the world". In 2016, she finished production on Escobar and Murder on the Orient Express. The 10-episode season will follow the second installment of the series, "Katrina", which will air in 2018. "But I would love to work with her on something in the future".

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