The 40th Cannes Film Festival was held from 7 to 19 May 1987. The Palme d'Or went to the Sous le soleil de Satan by Maurice Pialat, a choice which was considered "highly controversial" and the prize was given under the jeers of the public. Pialat is quoted to have retorted "You don't like me? Well, let me tell you that I don't like you either!"

Chronicle of a Death Foretold is a drama film directed by Francesco Rosi adapted by Tonino Guerra from the eponymous novella by the Colombian Nobel Prize-winning author Gabriel García Márquez. It stars Rupert Everett, Ornella Muti, Anthony Delon and Gian Maria Volonté. The film premiered at Cannes film festival in May 1987.