Arriving into the chaos of mid-'60s New York, Edie Sedgwick (Sienna Miller) is taken under the wing of the famously deadpan artist Andy Warhol (Guy Pearce), who sees in her untamed vulnerability the makings of an irresistable muse. Warholm invites Edie into the wild world of The Factory, a former downtown hat factory he has transformed into a bohemian paradise.
Here, a rag-tag mix of musicians, poets, artists, actors and misfits gather to create avant-garde movies during the day and throw glam parties all night long. Edie quickly ascends to become the star of Warhol's movies, an idol at The Factory and a media darling.
She is on top of the world when she falls in love with a larger-than-life rock star (Hayden Christensen), the man known as "the voice of a generation." But when Edie becomes caught between Warhol's world of sexy surfaces and her new love, she winds up rejected by both --- and once again, set adrift in the modern world.