David Lisnard, the mayor of Cannes who is the driving force behind TV event Canneseries, has unveiled massive plans to revamp the city, including its Palais des Festivals, the main venue of the Cannes Film Festival and other entertainment gatherings such as Mipcom.
Lisnard, who is currently campaigning for reelection next March, outlined the ambitious project, called Cannes on Air, during a presentation hosted at the CNC (National Film Board). The presentation was attended by Maxime Saada, the CEO of Canal Plus Group, and Sidonie Dumas, the chairman of Gaumont, among others.
With an estimated budget of about €500 million ($555 million), Cannes on Air would significantly upgrade several key sites, including the Palais des Festivals, which would get a new 11,000-square-foot theater and a renovation of the Salon des Ambassadeurs for an estimated cost of €62 million ($69 million).
