Friday, May 24, 2019 | Updated at 11:37 PM ET


Pedro Almodovar

Pedro Almodovar's "Julieta" has been selected to represent Spain at the Academy Awards.


The Cannes Film Festival is underway with many competition and non-competition having already premiered. With 21 films competing for the Palme D'Or, some films have been smash hits while others have not been received with the same amount of enthusiasm.


With the Cannes Film Festival less than a month away, it is time to look at the competition slate and see which films have the most potential of winning the Palme d'Or, breaking out and even getting Oscar nominations.


Mexico is the top performing Spanish-speaking country at the Academy awards, but right behind the nation is Spain. The European country has been nominated 59 times at the biggest awards show in the film industry and has come away with 14 victories.


The Academy Awards may be all the rage of awards season, but Spaniards also get to enjoy their own ceremony honoring the best in film. A few days ago, the nominations for the Goya Awards, known as Los Premios Goya, were announced. The winners will be selected on Feb. 8, a few weeks before the Oscars announce their big victors.

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