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Here's a description of the party from Uncut magazine:

"The Velvet Goldmine party on the last Friday of Cannes 1998 is the fortnight's most exclusive bash. It takes place in a palatial, marble-floored villa high above a widescreen Mediterranean vista. The rooms are decked out in crushed velvet, the French serving staff in stack heels and garish Glam gear. Journalists are banned, but megastar rockers and Hollywood talents have jetted in from all over the globe. Sigourney Weaver, Winona Ryder, Bono and a raddled looking Bryan Ferry are shuttled by limousine through the military-strength security cordon, past the seething crowds, then decanted onto a red carpet stretching right from the gates to the front door.
Inside, they join the film's cast, crew and an ultra-select guest list of around 300 others in a surreal timewarp of Roman revelry and Seventies decadence. In silver nail varnish and facial glitter, Michael Stipe holds court in the garden while Eddie Izzard shows off his rather fetching frock. The DJ duo, the Heavenly Birds, specially imported from London clubland, are on strict instructions to play mostly Glam tunes, but movie business schmoozers keep asking them to turn the volume down. Donna Matthews from Elastica leads some friends onto the dancefloor, but serious party action is not on the cards. With champagne on limitless tap all night, the mood is understandably relaxed.
Todd Haynes surveys this retro revivalist orgy and privately worries whether his film is heading for triumph or turkey status. In this air-kissing celebrity netherworld, of course, Velvet Goldmine is an unqualified masterpiece. But word from the Cannes screenings has been mixed, to say the least. The press conference was full of bafflement and veiled criticism. Some reviewers have already drawn parallels with Absolute Beginners, that nadir of vacuous Eighties style-whore cinema. All the young dudes carry the news, but the news is not always good.
Velvet Goldmine gives a sexy Citizen Kane remix to the early Seventies career of Bowie-esque rocker Brian Slade. In his Glam Rock prime, Bowie was a polysexual peacock and inspiration to suburban escapists everywhere. Shedding identities and shamelessly stealing those of others, Bowie was the most heroically ambitious, subversive, progressive, audaciously intelligent and life-affirmingly ridiculous rock icon ever constructed. He was a penis in furs, and he dared to dream.
Writer/director Haynes weaves a kaleidoscopic fantasia of wiggy starlust from the rich mythology of Glam Rock. David Bowie, Angie Bowie, Iggy Pop, Marc Bolan and Brian Eno are all here, half-concealed behind flimsy disguises. It's the past as fantasy, an ultra-camp alternative history dressed in Biba and photographed by Helmut Newton. A big lie, in other words, but a lie that tells the truth. The very definition of camp.
David Bowie acted and sang in Absolute Beginners, of course, but has publicly snubbed Velvet Goldmine. While William Randolph Hearst used his publishing empire to attack Citizen Kane, Bowie simply declined to let his music be used in the movie named after one of his songs and inspired by his life. In Cannes to promote his latest film role alongside Goldie in the gay gangster drama, Everybody Loves Sunshine, Bowie is rumoured to be heading for the party. He never arrives."


Christine Vachon in an article in Slate for the 2000 Cannes Film Festival said, "On any given night, there are a dozen parties in villas, on the beach, and in boats that are strictly Invitation Only. Some are planned in advance and some are spontaneous. And any party that has a limited invite list, no matter who is throwing it, becomes a hot ticket. (The Velvet Goldmine Party we threw at Cannes two years ago was incredibly exclusive — people were actually beaten down by security guards as they tried to climb over the fence.)"
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More on expectations, Miramax and Cannes from Rob Nelson in 'Citypages':

...Miramax's fall lineup. Speaking of said lineup, every once in a while the former indie company's clout lands a Velvet Goldmine – that is, a film by a smart, iconoclastic, politically minded director, designed expressly to subvert the status quo of visual, narrative, and sexual representation. Or so would say Todd Haynes groupies, whose ranks have grown considerably since the director's masterfully ironic Safe risked commercial failure in 1995. Thus, Haynes's hugely ambitious glitter-rock epic struts into competition today carrying a lavender-colored feather boa in one hand and the Miramax logo in the other–and, on top of it all, the heaviest of critical expectations. The film's opening title seeks to settle us all down: "Although what you are about to see is a work of fiction, it should nevertheless be played at maximum volume." The word "fiction" is key, as Haynes stacks layer after layer of flamboyant artifice atop stardust memories of the queer youth culture's yearning for "ch-ch-ch-changes" – precisely the project of glam rock itself. ... The investors were probably thrilled to hear that they'd be getting something like Citizen Kane meets Boogie Nights and Performance. But the role-playing of the filmmaker and his actors is so extravagantly complex – and the style so tantalizingly opaque – that not even the publicists' "meet the talent" press luncheon could spoil the mystery of this goldmine's Rosebud, try as they might. As I and a half-dozen other critics are busy devouring various unnamed delicacies, seated around a table in the Carlton Hotel's hoity-toity banquet room, a thoroughly undelightful publicist asks one among us, an alt-weekly reporter from St. Louis, to switch tables –"because we have a lot of talent coming through." (Said talent, including Haynes, isn't due for another 15 minutes, but a full set of microphones is required immediately at each future stop on the stars' whirlwind roundtable tour.) "Can't I wait until I finish eating?" the critic humbly inquires. "You can just walk your plate over there," Miss Miramax replies, gesturing toward the hinterlands.
So what did Todd Haynes have to say, you ask? Well, the studio, hoping to maximize their goldmine, naturally prefers to have all "publicity" appear at the time of a film's release. Loose lips sink ships.
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Miramax head Harvey Weinstein added to the promotional buzz by being quoted in Variety that Velvet Goldmine "makes Boogie Nights look like Mary Poppins." [tsk tsk, we know better...] Miramax's involvement with the picture raised expectations. From indywire:
With Miramax already behind the film, the Cannes competition is the perfect launch pad. Harvey must be proud. Deeply entrenched in the 70's glam rock days of taffeta and platform shoes, Haynes swims in the times, incorporating awkward 70's zooms, early MTV-like sequences, feathers, flowers and all the accoutrements of the era to investigate the rise and disappearance of a fictional superstar named Brian Slade. ... The film combines memory, fantasy, past and a mid-1980's present in some hallucinatory moments and a fluid feel which might just be a hit with the kids.

Miramax was supportive despite rumors to the contrary. In a later indywire article: "Answering claims that Miramax's reputed homophobia got in the way of the production, Christine Vachon said at a New York Film Festival press conference, "Miramax got involved very early on and I have to say, never at any point, whatever horror stories we've heard aside, we were never pressured whatsoever by Miramax to make cuts in the film around its gay content, to cut out anything specifically because it was gay. We never experienced that homophobia."
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More on Johnny and Cannes:

Johnny has an aversion to black tie. ... He tries on the Gucci suit in the restaurant's lavatory. It doesn't fit. Johnny insists he's going to wear his own glam-rock costume: bottle-green velvet jacket and yellow velvet pantaloons. There's a strong chance he won't be let into the premiere if he does. Hysteria looms.

Johnny is wined and dined again by the usual crowd of financiers, agents and the Velvet Goldmine cast. The premiere's at 10:30pm. Johnny gets in without any trouble, especially since Haynes is also wearing an unorthodox silver jacket made by costume designer Sandy Powell. Tickets could not be had for love or money yet there are empty seats inside.

At one o'clock in the morning, as the whole cast emerges triumphantly, the gawpers start heckling. They want to see established stars. "Who's that ugly slut?" they shout at a blameless (and perfectly attractive) actress. A convoy of cars whisks the stars off to the Villa Federica, a floodlit mansion of some opulence. The Velvet Goldmine party is the hottest ticket in town. Michael Stipe, Brian Eno, Winona Ryder, Bono and Sigourney Weaver are there. Gordon, an Irish friend of Crofts', is disconcerted to catch one of the waiters in the act of picking his pockets. Glam-rock music blares out into the early light. Some of it is the soundtrack of the movie, on which Johnny sings. Johnny leaves at six with Toni Collette on his arm. It seems their friendship is on again.
...
At six Johnny is expected at the Cap hotel for drinks with his English agent. He cancels. Sandy Powell arrives with the costume her boyfriend wore at last night's party, and speedily adapts it for Johnny to wear at the awards ceremony. Christopher and most of the cast retire to a small restaurant, where they watch the ceremony on television. Todd wins a rarely given award for technical excellence. When Todd and Johnny arrive back at the restaurant there's dancing on the tables. A Miramax party on a boat in the harbour is considered a damp squib and no one goes.

To bed at one, then up again for his Kansas flight at five, with four more changes ahead. Johnny will arrive at midnight, and he has a wake-up call at 5:30am, to be on set and acting. Ang Lee has been implacable about the schedule.

Before he leaves the film festival, Johnny tells me: "I wish Cannes had remained just fantasy. I grew up seeing it on TV and wanting to be here and now I wish I'd never come."
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Johnny was allowed a break from filming Ride with the Devil to go to Cannes. He didn't have as much fun as he might have as star of the picture, the long hair he was sporting for his role as Pitt Mackeson slowed him down: The Nice customs didn't like the look of him and go through his luggage with a fine-tooth comb. It's bad enough that he's carrying a guitar and has a sleeve-pocket stuffed with penny whistles, but there's another image problem. In the Ang Lee film Johnny plays a hillbilly psychopath; he's been given hair attachments that extend halfway down his back, and he seems quite convincingly in character. The flight problems mean that Johnny has missed his morning interviews in Cannes... There's an especially large throng outside the Martinez, and a big contingent of security guards and police to hold them back. They take one look at Johnny's hair and refuse to let him in. As we both try to telephone the people expecting us inside, the police start to push us away. "This is disgusting!" fumes Johnny. "They're judging me by the way I look!" Johnny vows he is going to leave Cannes immediately. A girl dashes out through the guards, throws someone's security pass around Johnny's neck, and we're whisked past the dumbfounded guards.

Two years later the bad memories lingered for Johnny according to a Vogue UK article:
At the time, Rhys Meyers was going out with Toni Collette, who played his girlfriend in the film. He vividly remembers the entrance they made at the premiere in Cannes. "I felt lower then than I did when I was 13 years old," he says gravely. "I remember getting out of the limo with Toni and Christian Bale and walking towards all these photographers, and they were going, 'Hey! Toni! Look over here! Hey, Christian, here!' And I just walked on because nobody had an idea who I was. It was a horrible experience."
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There was a press conference at 10 am the day of the premiere. Some descriptions of the event:

Johnny is sitting in the Carlton's sweltering baroque ballroom, heavy golden drapes are swagged around the terrace windows. A well-thumbed volume of Rimbaud is visible in a leather bag. The television interviews are junket-style, with a fixed crew. On the far left corner sits Toni Collette. At the top right is Todd Haynes, Velvet Goldmine's director, and opposite is Christian Bale. Each star has their own video crew. Bale is ultra-experienced and cool. Some lighting technicians move a potted tree between Toni and Johnny, since she seems to be distracted by him. Johnny concentrates on the job in hand. He has not yet learned to autopilot in interviews and treats every six-minute interview with an earnest grace which will exhaust him before long. Each journalist is handed a tape after their interview. A Swiss woman asks what it's like to kiss Ewan McGregor.

"She is an extreme woman in every way," Toni Collette says of her sexually experimental character Mandy Slade in Velvet Goldmine, "and I guess in terms of work I don't like going halfway. Going the full way with her was a total, total pleasure."
Michael Stipe of R.E.M. was the wildest-looking but softest speaking person at the Velvet Goldmine press conference. Dusted in glitter, shaven bald, wearing an orange work shirt with his name emblazoned on a tag, and goofing around with a blue pig's nose that he popped onto his own for photographers, Stipe was the eccentric. He talked quietly of being the producer of the film, working to secure music rights and encouraging the actors playing the rockers to strut their stuff during the shoot. "For some of the actors, it was probably good to have a real live pop star on the set," Stipe said smiling.
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The press' reception to the film at Cannes was mixed; not a surprise coming from a country whose greatest contribution to rock & roll was Johnny Hallyday. The British press seemed to enjoy comparing it with Absolute Beginners - a failure of imagination on their part since the only things the films had in common were a stylish retro look at rock & roll and David Bowie.

In an interview from around the time of the release of Far From Heaven, Christine Vachon spoke about Cannes, "The jury was split. In the end it got a small prize – we were thrilled, don't get me wrong – but it was a consolation prize. Some jurors didn't want to give it anything but Martin Scorsese was very enthusiastic. He told Todd that the movie had made him realise how much fun cinema could be."

The article (from "The Independent") continued with Todd's point of view: The reaction after Cannes was mostly indifferent or hostile, and soon rumours were circulating that Haynes had retired from film-making. "It did affect me," he says now, "but not as much as people think. The media interest in the film's fashion and soundtrack broadened my expectations prior to it being released. But when I look at what the film is, and what the market is – come on! What was I thinking?"
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It wasn't Todd's first trip to Cannes. In 1995 Safe was screened at the festival. Todd was actually deeply immersed in his research for Velvet Goldmine at the time. An interviewer from the LA Times described him during the making of VG, Haynes seems to have entered into the film's period spirit. His hair is brushed forward into bangs, and he has shaggy sideburns; in a skinny sweater and a short corduroy Wrangler jacket, he could pass for a British Mod circa 1970, about to dip a toe into glam-rock fashions.

"Oh, this is nothing," says Haynes airily. "When I started researching this film I grew my hair into a Ziggy Stardust cut and dyed it bright red. There are pictures of me at the Cannes Film Festival in 1995 you wouldn't believe. I wanted to know what it felt like to wear super-super-tight skinny little tops that reveal you in ways that haven't been fashionable for men for quite a while now. And it really is a different feeling, being on platform shoes. It's what women experience every day. You feel very fragile but grand, teetering on those heels. It was weird. So I went through that whole thing, the high maintenance of keeping the hair going, the blow-drying every morning."

Uncut magazine confirms his glam look at the time he was promoting Safe at Cannes, But his mind is already fiercely focused on the Glam Rock project he has been dreaming into life with his producer and former college mate, Christine Vachon, for at least five years. One sideways glance at Haynes betrays his current obsession: he sports electric orange Ziggy hair, stack heels and skinny-rib glitter top.


Damn, don't we have any pictures of that!

Todd on the cover of Genre Magazine Update:

Todd Haynes, (center) and Todd Kalin (left, director of the Killer Films' produced 'Swoon') and Douglas Carter Beane, (right, writer of 'To Wong Foo, Thanks for Everything', Julie Newmar). From Genre magazine, May 1995. Todd was doing publicity for 'Safe' but researching Velvet Goldmine, hence his spiky glam-ish hair style.

Cannes was also the setting for the promotion of the film back in 1996. Todd and Christine went with a script to garner a production and distribution deal which took months to finally pull together.
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The film premiered at the Cannes Film Festival on May 21*, 1998. It was nominated for the Palme D'Or but it was awarded the Prix de la meilleure contribution artistique or Best Artistic Contribution Prize. There are official prizes for the films in competition but the Jury also has the option of creating a new prize for films that don't necessary fit into those categories, which they did. In his acceptance speech Todd thanked Oscar Wilde and Roxy Music "for giving us so much to aspire to." The President of the Jury in 1998 was Martin Scorsese, and the members were actresses Chiara Mastrioianni, Lena Olin, Winona Ryder, and Sigourney Weaver; writer Zoe Valdes; directors Chen Kaige, Alain Corneau, and Michael Winterbottom, as well as Singer/Rapper MC Solaar.

Scorsese is well known for his effective use of rock music in the soundtracks of his films and coincidentally both he and Todd have films about Bob Dylan in the works. In an interview in Select magazine Todd said, Scorsese told me that the film inspired him to make films again.

Here are some pictures from the festival from the delightful Venus, the fan planet:
Cannes



*although different articles state the date as both the 22nd & 23rd.
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The film premiered at the Cannes Film Festival on this day in 1998.

David Bowie's The Rise and Fall of Ziggy Stardust and the Spiders from Mars, released on June 6, 1972, is considered to be the definitive glam rock masterpiece. Maxwell Demon and The Venus in Furs are the film's version of the definitive glam rock band. Both Ziggy and Maxwell are bisexual aliens who come to earth, head up rock & roll bands and get too big for their satin britches. The advertising tag line for the film, "The Rise Of A Star... The Fall Of A Legend!" evokes the album title. Then again, Bowie took Ziggy's name from the The Legendary Stardust Cowboy ... (you know what they say about imitation being the sincerest form of flattery.)

(BTW, when buying this album, avoid the live version or the soundtrack, get the one with Ziggy on the cover in a London phone booth.)

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