Netflix Eyes Cannes Loophole, Could Buy ‘Everybody Knows’ and More Palme d’Or Contenders — Report

The drama between Netflix and the Cannes Film Festival might not be over.

According to a Variety report, the streaming giant is eyeing major acquisition deals at the 2018 festival and is reportedly interesting in picking up Asghar Farhadi’s opener “Everybody Knows,” starring Penélope Cruz and Javier Bardem.Cannes reinstated a rule for the 2018 festival banning films without French theatrical distribution from being eligible to compete in competition for the Palme d’Or.

The rule banned Netflix movies from competing, as the streaming company releases its films online and not in theaters in France.

Films that premiere theatrically in France need to wait three years until they become available for streaming.While the ban only made Netflix films ineligible from Competition, the streaming giant decided to pull all of its films from the festival.

Netflix was planning on debuting Orson Welles’ final movie “The Other Side of the Wind” out of competition,

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