Recognizing achievement in cinema, theater, creative writing, and literary criticism, the international prize is awarded annually in Flaiano's hometown of Pescara. Flaiano was a successful screenwriter and collaborated on several notable films, including "Roma città libera" (1946), "Guardie e ladri" (1951), "The Woman of Rome" (1954), "Peccato che sia una canaglia" (1955), "La notte" (1961), "Fantasmi a Roma" (1961), "La decima vittima" (1965), "La cagna" (1972). With Tullio Pinelli, he co-wrote the screenplays for ten films by Federico Fellini: "Variety Lights" (1950), "The White Sheik" (1952), "I vitelloni" (1953), "La strada" (1954), "Il bidone" (1955), "Nights of Cabiria" (1957), "La Dolce Vita" (1960), "The Temptations of Doctor Antonio" episode in "Boccaccio '70" (1962), "8½" (1963), and "Juliet of the Spirits" (1965).