Hollywood Breakdown
At Cannes, Some Strong Performances, but No Breakout Film
Matthew Belloni has just returned from Cannes, where several actors were lauded for memorable performances, but there was no consensus about a breakout film of the festival. Netflix's Ted Sarandos gave a keynote, but was heckled by a French journalist who said he company was destroying the film eco-system.
The Hollywood Reporter's Matthew Belloni went to Cannes, but he returns with no tales of break-out films. It seems unlikely that a 2016 Oscar winner will emerge from this year's festival. Cate Blanchett did receive some attention for her strong performance in the lesbian drama Carol, as did Emily Blunt in the movie Sisario, where she plays an FBI agent. Netflix's head Ted Sarandos did not receive praise, however, during his keynote address. A French reporter heckled him and asked whether he realized that the Netflix model would "destroy the film eco-system in Europe." Harvey Weinstein immediately came to Sarandos' defense. In France, films must wait 36 months after appearing in theaters to then become available on VOD or other streaming outlets. Theater chains would certainly boycott Netflix films that would release movies in theaters and online simultaneously.