Cannes Prez “Optimistic” Festival Will Take Place But Will Cancel If Coronavirus Situation Doesn’t Improve; Debunks Insurance Story
, Lescure said the fest remains “reasonably optimistic in the hope that the peak of the epidemic will be reached at the end of March and that we will breathe a little better in April”.
“This offer was made to us about ten days ago, but it was totally disproportionate,” said Lescure. “We were only offered to cover ourselves up to $2.3M while our budget is $36M . It was really peanuts. The company was clearly playing the bounty hunters and we of course declined this proposal.”
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