Deadline
http://www.deadline.com/2013/05/cannes-briefs-mongrel-acquires-canadian-la-grande-bellezza-cohen-books-inventor-and-the-tycoon-zombie-western-from-iron-sky-producer/
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Per Deadline, Stealth and Cathartic (Iron Sky producer Cathy Overett’s new shingle ) have set up Bullets for the Dead, a $2M zombie Western, to shoot in Queensland, Australia, in July. It will be followed by Bite, a $5M vampire film slated to shoot in Oz in October. Stealth Australia is also looking to pick up two to three films a year out of Australia.
We should have updates on both productions shortly. In the meantime for more info on the fest, which runs until May 26th, visit the official Festival de Cannes website.