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The SHOCKING Reason Why Cannes Film Festival Was Started Explained I WATCH Arguably the most prestigious film festival in the world, the Cannes Film Festival turns 78 this year. Well, ideally, it should've turned 85 had World War 2 not happened, but then again, it was because of a prominent dictator way back in 1938, that we get to witness this film festival every year! Watch the video for more.