Nick Vivarelli, Variety's Rome-based correspondent, and international editor Elsa Keslassy break down the significance of the Venice Film Festival lineup highlighted by Guillermo del Toro's "Frankenstein" and A24's "The Smashing Machine" starring Dwayne Johnson. The pair discuss the increased competition for Hollywood awards contenders between Venice and the Cannes Film Festival as distributors seek to reach international voters. And they reflect on Venice Film Festival chief Alberto Barbera's work to raise the fest's profile as a key launch pad for films on the world stage.