Cannes 2023: Key Highlights to Anticipate

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    CANNES, France โ€“ The prestigious Cannes Film Festival is back in action, dazzling the French Riviera for two weeks as it opens its 78th edition. Hereโ€™s what to keep an eye on at this yearโ€™s festival:

    **Early Oscar Buzz**
    While it might feel premature, Cannes is the unofficial launch pad for Oscar campaigns. The festival has a track record of spotlighting films that go on to win big at the Academy Awards. Recent successes include Bong Joon Hoโ€™s โ€œParasiteโ€ and โ€œAnoraโ€ by Sean Baker, which both started their journeys here. As the Academy of Motion Picture Arts and Sciences expands its international voting base, the importance of Cannes in Oscar discussions only grows. This year, three Cannes filmsโ€”โ€œAnora,โ€ โ€œEmilia Perez,โ€ and โ€œThe Substanceโ€โ€”earned spots as Oscar contenders, demonstrating the potent influence of the Cannes film buzz. Last year saw the surprise win of the Latvian animated film โ€œFlow,โ€ which clinched the Oscar attention post its Cannes debut.

    **The Palme dโ€™Or Contenders**
    Before turning eyes to the Oscars, Cannes finalists vie for the coveted Palme dโ€™Or. The award process remains shrouded in mystery with private jury deliberations led by Juliette Binoche this year, making the winner unpredictable. Still, thereโ€™s no shortage of hypothesizing on whoโ€™ll triumph. The competition pits past Palme winners like Julia Ducournau, with her return offering โ€œAlpha,โ€ against Alberto Canezoโ€™s heartfelt entry, โ€œThe Young Motherโ€™s Home,โ€ crafted in partnership with Jean-Pierre and Luc Dardenne. The line-up includes newcomers and recurring directors alikeโ€”Lynne Ramsayโ€™s emotionally gripping โ€œDie, My Love,โ€ Jafar Panahiโ€™s โ€œA Simple Accidentโ€ and Mascha Schilinksiโ€™s thought-provoking โ€œSound of Fallingโ€ are in the mix. Meanwhile, Chie Hayakawaโ€™s โ€œRenoir,โ€ Joachim Trierโ€™s โ€œSentimental Value,โ€ and Ari Asterโ€™s โ€œEddingtonโ€ also promise to captivate the attention of festival-goers.

    **Stars on the Red Carpet**
    Cannesโ€™ iconic red carpet will see a stellar parade, poised to enchant and impress. Expect appearances from Tom Cruise showcasing โ€œMission Impossible: Final Reckoning,โ€ Spike Lee with โ€œHighest 2 Lowestโ€ featuring Denzel Washington, and Wes Andersonโ€™s โ€œThe Phoenician Schemeโ€ starred by Benicio Del Toro and Michael Cera. Additionally, actors from Ari Asterโ€™s much-anticipated โ€œEddington,โ€ such as Joaquin Phoenix, Pedro Pascal, and Emma Stone, will grace the event. Toward the festivalโ€™s conclusion, watch out for Kelly Reichardtโ€™s โ€œThe Mastermind,โ€ featuring the gifted Josh Oโ€™Connor, who shares the spotlight with Paul Mescal.

    **Actors Turned Directors**
    Cannes will also host screenings of debut directorial efforts from notable actors, exploring new creative avenues. Scarlett Johanssonโ€™s โ€œEleanor the Great,โ€ Kristen Stewartโ€™s โ€œThe Chronology of Water,โ€ and Harris Dickinsonโ€™s โ€œUrchinโ€ are all slated in the Un Certain Regard section. Here, the spotlight isnโ€™t as fierce as it is for those vying for top awards, providing a nurturing yet critical environment for these emerging filmmakers. Their reception at Cannes could either cement their prowess behind the camera or serve as an awakening to criticsโ€™ discerning eyes.

    **Trade Tariff Concerns**
    Although the festival is celebrated for its cinematic showcase, itโ€™s equally a hive of film acquisitions and negotiations. However, potential U.S. trade tariffs on non-domestic productions, as recently hinted at by the U.S. President, could cloud the usually vibrant deal-making atmosphere. Speculation abounds about the reality and impact of such tariffs, yet the festivalโ€™s robust culture of buying and selling films appears undeterred for now.