Alfonso Cuaron

Netflix pulls out of Cannes Film Festival in growing dispute

Ted Sarandos, Netflix's chief content officer, on Wednesday said the streaming giant is pulling its films from the Cannes Film Festival, further intensifying an ongoing dispute between Netflix and the world's most prestigious film festival.

Cannes earlier banned any films without theatrical distribution in France from its Palme d'Or competition. That essentially rules out Netflix movies, which are released either day-and-date — on Netflix and in some theaters — or simply go straight to Netflix. In France, it's a law that films can't be released on home entertainment platforms until 36 months after their theatrical release.

That still left Netflix the option of playing out...

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