Cannes closes with streaming giants bidding on indie film packages

The Cannes closing weekend saw streaming platforms outbid traditional studios for several independent features that premiered in competition. Filmmakers negotiated minimum theatrical runs before exclusive streaming windows begin.

European producers welcomed revenue-sharing models tied to subtitle performance in multiple markets. Critics debated whether festival prestige still drives ticket sales outside major cities.

Distributors said Latin American and Middle Eastern rights remain underserved. WOP360 will follow release calendars announced for autumn festival circuits.