The Academy Award-winning actress will star in the 10-episode series focused on the 1997 slaying of Versace's brother, Gianni. Donatella Versace took over the famed fashion house after her brother was killed.
Co-executive produced by Ryan Murphy, the Versace story is expected to air in early 2018.
Cruz won a supporting actress Oscar in 2009 for "Vicky Cristina Barcelona," directed by Woody Allen. She has appeared in numerous other films including the blockbuster "Pirates of the Caribbean: On Stranger Tides" with Johnny Depp.
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