Could also be ( an alternate version of ) 'Goudy Heavyface Italic', maybe..
http://www.linotype.com/8175/goudyheavyfaceitalic-font.html

Edit.: Well, Hmm, Sorry, No, its not..
So, maybe there is an alternate 'Swash' version of 'Cooper Black Italic'..

You just have to loooooove Google.:

Ian Lynam.: 'Cooper Black Swash Italic'..
www.ianlynam.com

Definitly looks like Cooper black ital with swash swash alternates
Same as used on 70's 'Emanuelle movie poster (+ many other 70s porn flicks)
Tried to get it myself to no avail...had to render characters in illustrator if you know find it in digital I'd be interested to know where

It looks like a version of Cooper Black with swashes to me.

Letraset used to do a Bookman with those caps.

Is it just me, or do the "m"s look a bit clumsy?