The seventh day of the Cannes Film Festival saw two more competition films premiere with mixed results and more acquisitions.

The festival has only had a few breakout competition films thus far, making it one of the most divisive Cannes in years.

Denis Villeneuve's latest "Sicario" luckily added some spark to the festival as it opened to rave reviews and enthusiasm. The film, starring Emily Blunt, Benicio del Toro and Josh Brolin was one of the most anticipated especially because it comes from the director who helmed the Oscar-nominated films "Prisoners" and "Incendies." Lionsgate has already acquired the movie and is already scheduled for a September release date.

However, unlike "Sicario," Valerie Donzelli disappointed with her new film "Marguerite & Julien." The movie was a followup to the critically acclaimed "Declaration of War," which opened the Critics Week sidebar back in 2011.

However, her latest was criticized for its script, which many believed unfinished. The movie is the worst received film since Gus Van Sant's "The Sea of Trees" was booed.

There are still a number of films that have to premiere, but up to this point even if "Sicario" was well received, Todd Haynes' "Carol" and the Hungarian film "Son of Saul" are the two top contenders to win the Palme D'Or.

In the director's fortnight sidebar Jeremy Saulnier returned with "Green Room." The film obtained great reviews, and many compared it to his last film, "Blue Ruin."

Market

In the market the biggest news came from A24, which acquired the SXSW winner "Krisha." The movie, which will screen in the Critics Week sidebar, made a splash at the SXSW Film Festival and obtained universal acclaim. A24 has signed a deal to produce "Krisha" director Trey Edward Shults' next film.

Magnolia finally made its first acquisition as it obtained Arnaud Desplechin's "My Golden Days." The film is premiering in the Director's Fortnight and received raves. It is currently one of the top contenders to take home the top prize in the sidebar.

IFC and Sundance Selects acquired "Maryland (Disorder)." The film is one of the few Un Certain Regard selections that has obtained distribution. Starring Matthias Schoenaerts and Diane Kruger, the film opened to rave reviews.

Sony Pictures Classics also continued its streak as it acquired "Truth" starring Cate Blanchett and Robert Redford. The movie was said to be acquired for $6 million dollars and is the directorial debut for scribe James Vanderbilt. The deal marks the third acquisition for Sony, who has already taken rights for Cannes Competition standout "Son of Saul" and "Our Little Sisters."

Strand acquired Apichatpong Weerasethakul's "Cemetery of Splendour." The film is playing in the Un Certain Regard sidebar. Strand previously released Weerasethakul's Palme D'Or winner "Uncle Boonmee Who Can Recall His Past Lives." "Cemetery of Splendour" has obtained good reviews and is one of the favorites to win the sidebar.

Focus Features acquired "Coldest City" starring Charlize Theron. The film was a major player in the market and had a number of buyers interested. No release date has been set up to this date.

The Cannes Film Festival runs until May 24 with the awards ceremony being held on May 23.

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