Cannes Lite, market slimmer than usual
Hollywood Newsroom is now Buzz Newsroom! Visit and bookmark our new site. Buzz is bigger and better, including sports, world news, gadgets and the entertainment news that you're used to. Same staff, just more stuff! Why Fark, Drudge and Huffington when you can Buzz!?The one thing Cannes Market-goers agree on is that there are fewer people here this year.
Cannes feels lighter. Even on the usually jam-packed first Saturday of the confab, the Croisette is less crowded and at almost any given time there are seats available in restaurants and bars.
Execs point to the inclement weather, the astronomical prices charged around town and the weak dollar.
“The costs of coming to Cannes are having an effect on everyone; there are even fewer French producers of the kind that would come for a few days to hang out on the Grand Hotel terrace,” said Nicolas Brigaud-Robert, co-chief of French seller Films Distribution.
The market for films is harder to read, but seems similarly diminished. Sellers can’t agree whether there are fewer buyers or there’s simply less walk-in trade.
- From Variety