La grande bellezza - which means The Great Beauty - will be set in Rome and will star Italian actor and longtime Sorrentino collaborator Toni Servillo as a La Dolce Vita-style journalist, according to The Hollywood Reporter.
Sorrentino said Hollywood beauty Angelina will have a "cameo role".
His last film This Must Be The Place, was his film set outside Italy, filmed in Ireland and starring Sean Penn as an ageing rocker out to avenge the man who revealed that his father had been a Nazi.
It earned the director the Cannes' Ecumenical Jury prize in 2011.
The latest film will be Servillo's third collaboration with Sorrentino, his last being the lead role in Il Divo, a biopic of Italian politician Giulio Andreotti, which also won the Cannes jury prize in 2008.
Angelina is currently filming Disney film Malificent, about the wicked witch from the Sleeping Beauty cartoon.
Source:
http://rastamonk-angelina-jolie.blogspot.com/2012/07/jolie-to-cameo-in-sorrentino-film.html