An aging Hollywood star, Joe Scott, lives a life of narcissistic hedonism, observed by his laconic personal assistant, Ophelia. The death of his childhood best friend, Boots, takes our protagonist, and the movie, into an extended flashback to a sea-side town in 1970s Britain.

In the 1960s, British painter Francis Bacon surprises a burglar and invites him to share his bed. The burglar, a working class man named George Dyer, accepts. After the unique beginning to their love affair, the well-connected and volatile artist assimilates Dyer into his circle of eccentric friends, as Dyer's struggle with addiction strains their bond.

Two strangers become dangerously close after witnessing a deadly accident. On a beautiful cloudless day a young couple celebrate their reunion with a picnic. Joe has planned a postcard-perfect afternoon in the English countryside with his partner, Claire. But as Joe and Claire prepare to open a bottle of champagne, their idyll comes to an abrupt end. A hot air balloon drifts into the field, obviously in trouble. The pilot catches his leg in the anchor rope, while the only passenger, a boy, is too scared to jump down. Joe and three other men rush to secure the basket. But fate has other ideas...

While researching his book In Cold Blood, writer Truman Capote develops a close relationship with convicted murderers Dick Hickock and Perry Smith.