By Anne Thompson | Thompson on Hollywood May 8, 2013 at 2:14PM
UPDATED: A new Red Band trailer and poster for "Inside Llewyn Davis" have just been released. Check out both below.
EARLIER: CBS Films is finally going to show its true colors under new co-presidents Terry Press and Wolfgang Hammer. They scooped up the Coen brothers' latest indie feature, "Inside Llewyn Davis," with an eye on award season. One reason it has a shot: it's about the struggles of an artist, a Village folk musician. That's inside the Academy's sweet spot.
So are Oscar-winning writer-directors, Joel and Ethan Coen ("Fargo," "No Country for Old Men"). With Oscar campaign veterans Press, producer Scott Rudin and Strategy PR's Cynthia Swartz behind it, the film has a shot.
Sure enough, "Inside Llewyn Davis" is going to Cannes next week, where the Coens will compete for the eighth time for the Palme d'Or (they won for "Barton Fink" and took home best director for "The Man Who Wasn't There" and "Fargo"), with likely fall film fest slots ahead. And not surprisingly, CBS Films has slotted the film for a prime award season December 6 limited release date with an expansion on December 20.
Also starring Oscar Isaac ("Drive"), Justin Timberlake and Garrett Hedlund, "Llewyn" chronicles the folk music scene in 1960s New York, loosely based on Dave Von Ronk's 2005 memoir "The Mayor of MacDougal Street."