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The latest news comes after Blanchett led an extraordinary women's march in Cannes over the weekend; the actress was joined by 81 female actors and executives on the steps of the red carpet during the screening of "Girls Of The Sun (Les Filles Du Soleil)".

The 82 women walked arm in arm down the red carpet to protest at gender inequality and was organised by a French group called 5050×2020 who want gender equality in the French film industry by 2020.

At the first Cannes festival since the sexual abuse scandals that broke in Hollywood previous year, Cate Blanchett, the head of the jury that will award the Palme d'Or, and veteran French director Agnes Varda read out a statement.

Cate said: 'Women are not a minority in the world, yet the current state of the industry says otherwise. "In the same period, 1,688 male directors have climbed these very same stairs".

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Cannes Film Festival artistic director Thierry Fremaux has signed a pledge vowing to increase transparency and promote gender parity at the film event (via The Wrap).

Joining Fremaux in signing the pledge was Director's Fortnight director Paolo Moretti and Critics' Week director Charles Tesson, both of whom made promises to improve gender equality in Cannes' biggest sidebars.

During the Inaugural address, Prasoon Joshi, Writer, Poet and Chairman, Central Board of Film Certification India said that we should also reach out to young filmmakers who might not have access to a festival like Cannes and should organize many mini Cannes film festivals all around the world to help more and more filmmakers. "The world has changed".

As the who's who of the movie industry arrived into the French city, the impact of #MeToo is still being felt. He had previously insisted that Cannes should choose its films based purely on quality. Jane Campion is the only female filmmaker to ever win the Palme. Husson is one of three female filmmakers out of the 21 movies in competition for the Palme d'Or this year. But he's also signaled that the festival is reanalyzing its procedures and making its selection committees gender-balanced.