One part of the Megalopolis distribution puzzle could be close to falling into place in France. The country’s Le Point magazine reported on Tuesday that Paris-based distributor Le Pacte had acquired French rights for Francis Ford Coppola’s $120M self-financed epic ahead of its world premiere in Competition at Cannes.
Contacted by Deadline, Le Pacte CEO Jean Labadie played down the reports but did not deny talks, saying: “We don’t have the film yet.
Nothing is signed.” Deadline has also reached out to Coppola and his reps. Speculation around French release plans for Megalopolis had been brewing ever since its Cannes Competition slot was announced by Delegate General Thierry Frémaux at the festival’s press conference on April 11.
Under Cannes regulations, films selected for Competition must release theatrically in France and cannot debut first on a streamer in the country.
Read more on deadline.com
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