AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

The Cannes Film Festival will ban Netflix from this year's event after the video-on-demand company stood firm in its refusal to give its movies a cinema release, festival director Thierry Fremaux said in an interview. Red-carpet selfies will also be banned. Two Netflix films were screened in Cannes last year but organizers had said the company would not be allowed to compete at the festival again if it did not show them in movie halls.
"Last year, when we selected two of their movies, I thought I could convince Netflix to release them in theaters. I was presumptuous: they refused," Fremaux told magazine Le Film Francais. "The people at Netflix loved the red carpet and would like to show us more movies. But they have understood that their intransigence over their (business) model clashes with our own."
However, Netflix may be permitted to show movies on the fringe of the festival, outside the official competition, he said.
Meanwhile, the festival's decision to blacklist selfies taken by members of the audience on the red carpet caused a stir. Fremaux said selfies created a "mess".
Asked if that decision was outdated and old fashioned, Fremaux said: "No, it's quite the opposite, and you'll see, others will follow suit." Selfies, he said, "go against what has made Cannes' reputation. A certain elegance, discretion."
Fremaux also said he was ending the press screening of movies before their world premiere in the official competition. The official selection for the May 8-19 festival will be announced on April 12th, he said.
Australian movie star Cate Blanchett will head the jury this year.

Copyright Reuters, 2018

Comments

Comments are closed.