Day 3 of the Cannes film festival was dominated by an animated panda and a pair of unborn twins. Missy Schwartz and I spent the morning watching DreamWorks’ delightful Kung Fu Panda and ended our day at the film’s spirited beachside after-party. The classy affair — complete with movie-inspired dumplings and a man in panda costume (in case revelers cared for a photo op) — was further evidence of the power of DreamWorks head Jeffrey Katzenberg, who not only got a luminously big-bellied Angelina Jolie to show up with Brad Pitt (pictured) and stay for hours, but also convinced her to bang out a few TV interviews before she sat down for the night. Jolie’s Kung Fu costars Jack Black and Dustin Hoffman also were there, though their castmate Lucy Liu came down with a stomach illness and had to skip the soirée.

Panda received mostly positive reviews from festivalgoers, but no film has matched the buzz of Waltz with Bashir, an animated war drama from Israel that’s being compared to Persepolis. If there’s a hot acquisition property from Cannes’ first few days, that’s the one.

addCredit(“Brad Pitt and Angelina Jolie: Daniele Venturelli/WireImage”)