The 45th annual Razzie Awards, Hollywood’s infamous parody of the Oscars that highlights the year’s worst films, saw Madame Web sweeping the top dishonours. The Marvel-based film took home multiple awards, including Worst Picture, Worst Actress, and Worst Screenplay.

The long-awaited announcement of this year’s Academy Award nominations, postponed due to the devastating Los Angeles fires, is now scheduled for Thursday (January 23). In the meantime, the annual Golden Raspberry Awards, known for spotlighting the “worst” in cinema, unveiled their nominees on Tuesday. Leading the pack is “Joker: Folie à Deux” with seven nominations, followed closely by “Madame Web”, “Megalopolis”, “Borderlands”, and “Reagan”, each securing six nods.

President-elect Donald Trump has unveiled a plan to rejuvenate Hollywood’s global influence by appointing Sylvester Stallone, Mel Gibson, and Jon Voight as “special ambassadors” tasked with reviving the entertainment industry.

The AFI Life Achievement Award is given each year to an artiste who has accumulated an exemplary career in the film industry. Other recent recipients include Nicole Kidman, John Williams, Denzel Washington, Diane Keaton, and Julie Andrews.

The much-anticipated trailer for Francis Ford Coppola's “Megalopolis” was unveiled on Wednesday, featuring Adam Driver in the lead role.

The film was met with a 10-minute standing ovation at the Grand Lumiere Theatre.

As the illustrious Cannes Film Festival unfurls its red carpet once again, the anticipation amongst cinephiles reaches a crescendo. Following the resounding success of last year's edition, which catapulted several films into the limelight of Oscar glory, the 77th Cannes Film Festival promises to be an event of unparalleled cinematic grandeur.