The Festival of Old Movies takes place in Bologna every year near the end of June/beginning of July. There are over 7 days of movies from 9 am to 9 pm, showing in four theaters simultaneously - plus lectures and discussions! The festival poster for 2012 shows a scene from the movie Once Upon a Time in America by Sergio Leone, showing James Woods and Robert de Niro. The festival is put on by the Cinoteca Bologna.
One example of a restored film is Lola, by Jacques Demy, starring Anouk Aimee.
Agnes Varda, widow of Jacques Demy and a film maker in her own right, came to Bologna in 2012 to speak about the family efforts to restore all the films of Jacques Demy.