If it's September it must be Venice: but Europe's film festivals face a new threat

Celebrities will grace the Lido's red carpet this week but the magic of the world's oldest film festival is fading. Big stars with eyes on Hollywood awards now seek plaudits at the upstart in Toronto as a better proving ground for successAs holidaymakers fold up the sunloungers and head back to Milan and Rome , they are rolling out the red carpet on the Venice Lido and dusting off the gold leaf lion statues that line the processionary route.The Venice film festival not only extends the travel in...

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