It looks like the film and entertainment industry will still take time to return to normal as the Cannes Film Festival has announced that it will not be able to push through with its rescheduled June dates.

Variety reports that the decision came about after French President Emmanuel Macron announced in a television interview that festivals would not be held in the country until mid-July. Because of this, festival organizers said that the festival could no longer be held in its original form.

The announcement is not yet an outright cancelation, something that the Cannes Film Festival has not done since the 1968 nationwide student riots in France. Organizers say they have been talking with industry professionals to find a way to hold the festival in one form or another in 2020.

The Cannes Film Festival could end up being held in September or October, although that comes with its own challenges. Three film festivals -- San Sebastian, Toronto, and Venice -- are scheduled to happen in September. In October, Cannes will already be hosting Mipcom, which is an annual trade show for entertainment content. Setting up the Cannes Film Festival usually takes a month.

The Guardian also reports that the Cannes Film Festival’s parallel sidebars -- the Directors’ Fortnight and Critics’ Week -- have been canceled outright. Organizers have said that they are looking for a different way to support the submitted films for the 2020 edition.

The Cannes Film Festival is an important event for the film industry, as it is an important venue where films can be sold. It is also often an important jump-off point for foreign films. Last year’s Academy Award winner for Best Picture, “Parasite,” made its debut at the Cannes Film Festival.

If for some reason the Cannes Film Festival ends up being canceled, it will be another huge blow to the film and entertainment industry. In March, the North American box office suffered a $600 million deficit because of closed moviehouses brought about by the coronavirus. A $5 billion loss is also likely to happen to the global film industry because of global cinema closures.

Those closures are likely to continue due to the continuing rise in COVID-19 cases. According to the Apr. 15 situation report released by the World Health Organization, there are now 1,914,916 confirmed COVID-19 cases around the world, with 70,082 of those being new cases. Deaths are now at 123,010 people, with 5,989 of those being new deaths.