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Karina Longworth of LA Weekly provides a good overview:
The Cannes Film Festival (which ended its two-week run on Saturday) is nothing if not a study in contradictions. Studio product and tabloid fixtures — RPatz! KStew! “Le gentleman Brad,” as one daily rag heralded the arrival of
annual attendee Pitt — butt up on the red carpet against international unknowns, some representing the national cinemas of impoverished and/or war-torn nations. Future Oscar winners are unveiled on the ground floor of the Palais du Cinema, as schlocky genre fare attracts buyers in the massive marketplace a floor below.