Within the framework of a ceremony held at the CNC (National Film Board) and surrounded by notable figures such as Maxime Saada (CEO of the Canal Plus Group) and Sidonie Dumas (Chairman of Gaumont), among other personalities of the French audiovisual industry, the mayor from Cannes David Lisnard presented the project "Cannes on Air".
The project, currently budgeted at USD 556 million, would include enlarging the Palais des Festivals that has been the heart of the world’s most famous film festival and market, Mipcom, CanneSeries, Cannes Lions and other events since it opened in the early 1980s. Plans include adding another floor to the existing building that would house a 500-seat theater and renovating the Salon des Ambassadeurs. The cost is estimated at USD 69 million.
Among the other plans is construction of a multiplex called Cineum Cannes, with 12 state-of-the-art screens and a total of 2,426 seats. This multiplex, which would boast the biggest screen in southwestern France, would open in June 2020.
Cannes on Air also calls for the creation of studios and production and post-production services to tap into the large volume of film and TV shoots, which amounted to 607 days in Southern France last year. An international museum dedicated to the history of film and the Cannes Film Festival is also part of the initiative, along with the Bastide Rouge, a technology park featuring a new university dedicated to film, TV, video games and web creation.
Located on the French Riviera, Cannes has been the home of the world’s most famous film festival since 1946, as well as the TV markets MipTV, Mipcom, Midem, Cannes Lions and most recently Canneseries since 2018.
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