Will Smith and Pedro Almodovar Spar Over Netflix at Cannes

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Will Smith injected some star power to the opening night of the 70th Cannes Film Festival, greeting fans gathered in the Côte d'Azur on Wednesday. But a brewing storm over Netflix's place at the world's most prestigious film festival continued to steal the spotlight as Cannes rolled out the red carpet.

It's team of 80 photographers, videographers, editors and technicians will put in over 15,000 hours during the festival, making it one of the company's biggest annual editorial operations. "A piece that does not remain in the annals of the great French song but it illustrates quite well the atmosphere in Cannes for a few hours since, that's it, let's go for the 70 th edition of Cane Festival s".

Jury president Almodovar agreed with the Netflix ban, insisting films should not be considered for important prizes if they had not had a cinema release.

A hopeful start to a light and entertaining festival!

Opening ceremony and screening of the film "Les fantomes d'Ismael" (Ismael's Ghosts) out of competition - Red Carpet Arrivals - Cannes, France.

Business Insider talked to Getty Images' Director of Archive Bob Ahern about the progression of Cannes from film festival to one of the glamorous, star-filled occasion of the entire year, and Getty provided some images from the fest's history.

"I have a 16-year- old and an 18-year-old and a 24-year-old at home".

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This year, Cannes selected two Netflix releases - Bong Joon-ho's Okja and Noah Baumbach's The Meyerowitz Stories - for its Palme d'Or competition.

This year was the first time the festival backed on its policy to only shortlist movies which could premiere in French cinemas.

Reading from a pre-prepared statement, he said: "All this doesn't mean I'm not open, or don't celebrate the new technology and the possibilities they offer to us". And there's other films that they prefer to watch at home.

"I personally would not conceive not only the Palme d'Or but any other prize being given to a film and then not being able to see this film on the large screen", the veteran Spanish filmmaker told an global press audience on the festival's opening day. "The screen should not be smaller than the chair on which you're sitting. It should not be part of your everyday setting", the Spanish filmmaker said.

But, in a country where movies shown in cinemas can not be streamed for three years, Netflix refused to arrange distribution across France - meaning "Okja", starring Tilda Swinton and Jake Gyllenhaal, and "The Meyerowitz Stories", with Ben Stiller and Dustin Hoffman, will not be seen on the big screen after their Cannes premiere. "You really have to have the feeling of being humble and small compared to the big screen", he added.

With Netflix they get the benefit to watch what they never would have seen, it brings great connectivity to them to the world. They get to see movies that aren't on a screen within 8,000 miles of them. And now they get to find those artists and they look them up online and they make contact.