The Cannes Film Festival is opening with a Spanish-language film — a psychological thriller starring Penelope Cruz — the first time since 2004 that the star-studded event is kicking off with a movie that's not in English or French.
Organizers announced Thursday that "Everybody Knows," by Iranian director Asghar Farhadi, will open the May 8-19 festival.
The film follows family intrigues and the moral dilemmas of a woman whose life is turned upside down when she leaves Argentina for Spain. In addition to Cruz, it stars Spanish actor Javier Bardem and Argentinian actor Ricardo Darin.
Farhadi won best foreign film Oscars for "A Separation" and "The Salesman."
Cate Blanchett is leading the jury of this year's festival, which comes as the industry is under upheaval over revelations of sexual misconduct.
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale.
Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April-September period, as sales slipped 34% from the previous year to 523 billion yen ($3.4 billion).
More than 74% of its sales revenue came from overseas, according to Nintendo, which didn't break down quarterly numbers.
Global Switch sales during the period dropped to 4.7 million machines from 6.8 million units the previous year.
But Nintendo said in a statement that Switch sales were still growing and vowed to stick to its goal of selling a Switch console to each and every individual, not just one Switch per every household.
Nintendo stuck to its earlier projection for a 300 billion yen ($2 billion) profit for the full fiscal year through March 2025, down nearly 29% from the previous fiscal year.
Annual sales were forecast to drop 23% to1.28 trillion yen ($8.4 billion).
It also lowered its Switch sales projection for the fiscal year to 12.5 million units from an earlier forecast to sell 13.5 million.
Nintendo and other game and toy makers rake in their biggest profits during the Christmas shopping season, as well as New Year's, a holiday celebrated with fanfare in Japan, when children receive cash gifts from grandparents and other relatives.
Nintendo has not yet announced details on a successor to the Switch.
Among its million-seller game software titles for the fiscal half were "Paper Mario RPG," which sold 1.95 million units since going on sale in May, and "Luigi Mansion 2... Read More