[3] The film stars Gillian Anderson, Alan Cumming, Heather Graham, Danny Huston, Christopher Lee, Joanna Lumley, Charlotte Rampling, Amanda Seyfried, Stellan Skarsgård and Jaime Winstone.

Dennis Hopper originally held the option to adapt the novel into a screenplay for a film to be set in New York City; later, Moynihan's friend, Duncan Ward, a documentary filmmaker, became involved, with Rachel Weisz agreeing to play the "central, nubile gallerist" role eventually portrayed by Graham.

[6] Richard Clayton—in a Sunday Times article about the film that focuses on "who inspired its unsavoury characters"—called it "The Devil Wears Prada and Hangs Out at Private Views, but with a lot more sex and naughty bits.

"[2] According to a National Public Radio review, "just about all the acting in this otherwise pedestrian satire is fabulous, and for want of other diversions you might amuse yourself itemizing all the squandered talent"; the film conflates "black comedy with cynicism" and "ends, dispiritingly, pretty much where it began.

"[8] Rex Reed called it a "tepid spoof that only occasionally evokes a reluctant smile" and said it "failed to capture the nuances or craft a more brutal, incisive exposé of the art milieu.