With only two films currently confirmed for this year’s Cannes Film Festival (Woody Allen’s MIDNIGHT IN PARIS and Terrence Malick’s THE TREE OF LIFE), the conjecture continues with regards to what may be joining the pair on the Croisette in just over a month.

First, in an interview with Pilula Pop (via The Playlist), actress Alice Braga revealed that production on Walter Salles’ long-awaited adaptation of Jack Kerouac’s On The Road is looking like it will lead to a 2012 release, as the film just recently wrapped shooting.

The film would join films like Wong Kar-Wai’s THE GRAND MASTERS and Pedro Almodovar’s THE SKIN I LIVE IN, as films that were once deftly linked to this year’s festival, that have since balked on making it. ON THE ROAD stars a really impressive cast, including Garrett Hedlund, Sam Riley, Kristen Stewart, Kirsten Dunst, Viggo Mortensen, Amy Adams, Steve Buscemi, Elisabeth Moss, Terrence Howard, and Danny Morgan, so let’s just say, the anticipation for this one is at an all-time high. However, also noted in the interview was that the film is apparently “colorful,” meaning that the studio, or someone behind the scenes at least, didn’t feel too keen on keeping it black and white, as Salles once hoped. That said, the film is still very much one that I can’t wait to check out.

In other Cannes news, Variety has revealed that Michael Haneke’s latest, LOVE, may be hitting the festival this year. The film started shooting in February, so the turnaround would have to be kind of historic, particularly since it was an extensive, 40-day shoot. However, if this is true, expect a lot of hype, as the film is not only Haneke’s follow up to THE WHITE RIBBON, but also re-teams the director with his oft-contributor, actress Isabelle Huppert.

What do you think?