Watch the first trailer for James Franco's gay porn flick

Cape Town – James Franco and Christian Slater play two gay porn moguls who go to war over a porn star. 

Yes, you read that right. And wait for it, this new flick is based on a true story. 

King Cobra centres on eighteen-year-old Sean Lockhart (Garrett Clayton) who dreams of making it big.

After meeting Stephen (Christian Slater) the founder of Cobra Video he becomes a gay porn star under the name of Brent Corrigan.

Rival porn producers Joe (James Franco) and Harlow (Keegan Allen) try to recruit him but things soon take a sinister turn. 

The film is based on the book Cobra Killer by Andrew E. Stoner and Peter A. Conway and tells the story of the 2007 murder of gay porn producer Bryan Kocis.

Watch the trailer here: