While the Chinese and now US exhibition markets are showing signs of a rebound, cinemas in Europe have continued to struggle under the weight of a persistent COVID crisis on the continent. Relatively high infection rates coupled with a slower-than-expected vaccination rollout have caused France – the Continent’s largest theatrical market – to re-impose beginning April 2nd and lasting at least four weeks. In last week’s announcement of the new restrictions, French President Emmanuel Macron announced that he expected “cultural venues” would be allowed to re-open sometime in “Mid-May”, with additional details to follow, including the definition of which organizations are considered to be “cultural venues”. These latest restrictions have also called into question once again the likelihood that the Cannes Film Festival will be able to maintain its current schedule of July 6th-17th. Another postponement for Cannes would be an unfortunate development since the famous festival plays a significant role in the global film market.