$1 million gowns, $200 million yachts, and $45,000 penthouses: Unbelievable facts show just how glamorous — and expensive — the Cannes Film Festival is
Hillary Hoffower, provided by

Published 9:10 am EDT, Thursday, May 16, 2019
Photo: Valery Hache, AFP/Getty Images
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Thai actress and model Sririta Jensen poses as she arrives for the screening of the film "Rocketman" at the 72nd edition of the Cannes Film Festival in Cannes, southern France, on May 16, 2019. (Photo by Valery HACHE / AFP)VALERY HACHE/AFP/Getty Images less
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The 72nd annual Cannes Film Festival began earlier this week.
With a reputation for glamour and glitz, the prestigious film festival attracts some of Hollywood's most notable players for 12 days every May. According to Alissa Wilkinson of Vox, Cannes creates its exclusive status by showing a limited number of films, offering awards by well-known juries, and maintaining the world's largest film market.
It's also an industry-only festival, meaning there aren't tickets for the general public, which only adds to Cannes' allure. Credentials are granted to those in the film industry after they apply and get accepted, Vox said.
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Let's take a look at the red carpet of the 2019 Cannes Film Festival.
Media: Cover Media
Among Cannes' staples are star-studded red carpet moments, lavish events, and high-end budgets. At Cannes, you can't celebrate a new film or film deal without dropping a bit of money — think parties on $200 million yachts, $1 million outfits, and more than $2 million in security for the stars.
Here's a look at the money behind one of the biggest events for Hollywood's elite from three different perspectives: hosting an event; attending as a celebrity; and promoting a film as a production house.
Any movie — indie or studio — typically pays at least $500,000 to $1 million in expenses at the festival.
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That includes billboards for movies, which can cost anywhere from $100,000 to more than $108,000, according to The Hollywood Reporter.
Also included in that total is a reported average of $100,000 per person for travel and lodging.
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