27 May 2006, by Webmaster
CANNES (Hollywood Reporter) - Cannes gives, and Cannes takes away. The granddaddy of all film festivals is an alluring siren, sweetly seducing filmmakers by promising fortune and fame and the joy of that magic red-carpet ride.
But in reality, Cannes can turn all that attention into a harsh red glare when a movie does not deliver. With the speed of the Internet, movies are declared winners and losers within moments of their final closing credits.
The studios love to take their summer (...)