Inglourious Basterds Will Compete at Cannes Film Festival

The Brad Pitt starrer, set in Nazi-occupied France, has been invited to play in competition at the Cannes Film Festival. Insiders said Tarantino, a longtime favorite of the French, has accepted the offer and has told the film's backers -- the Weinstein Co. and Universal Pictures -- that the pic will be ready for its world premiere during the May fest.

The movie, which follows a band of Jewish-American soldiers whose mission is to take down a group of Nazis, will bow Aug. 21. Both the Weinstein Co. and U declined comment. Cannes organizers, who will announce the fest's lineup April 23, could not immediately be reached. Tarantino is no stranger to the Palais. The helmer became one of Hollywood's most in-demand directors after his "Pulp Fiction" won Cannes' Palme d'Or in 1994.