Frederico Fellini's magnum opus, LA DOLCE VITA premieres in Rome. Written by Fellini, Ennio Flaiano, Tullio Penelli and Brunello Rondi, the film follows Marcello Mastroianni's jaded, celebrity-focused tabloid reporter on an episodic, week-long, soul-searching immersion in the ostensibly sweet but starkly empty lives of Rome's rich & famous. A world-wide successs, winning the Palme D'Or at the 1960 Cannes Film Festivel, and an Oscar for Best Costume.