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The Mistral may have subsided somewhat, but Cannes isn’t lacking blowouts.

In what was arguably the coolest bash of the fest so far, Wild Bunch lived up to its name with a jumping latenight Sunday fete for Richard Kelly‘s “Southland Tales” and Daft Punk pic “Electrorama.” Hipsters and rockers mixed with pic bizzers from all over, dancing poolside or lawn lounging under a floating blimp. Milling around were Kelly, the Daft Punk duo, Marilyn Manson and burlesque dancer Dita Von Teese, thesps Alain Chabat and Guillaume Canet, and helmer Gaspard Noe. At one point, brawny female body-builders wearing motorcycle helmets did a strip-tease, topped off by a shower of oozing honey-colored goo.

The more business-like events took place earlier on Sunday. Dean Devlin‘s Electric Entertainment and sales arm Voltage staged a tasteful luncheon at sea on Larry Ellison‘s superyacht Rising Sun, where pic buyers noshed on paella washed down with Dom.

Meanwhile, Sunday lunch at Hotel du Cap’s Eden Rock restaurant is usually one of the buzziest hangouts in Cannes, but this year the spot lacked that certain je ne sais quoi. Maybe it was the worrying news that the hotel is under new management, or perhaps industryites have simply become more cost-conscious. But whatever the reason, there were plenty of open tables at the restaurant, despite the terrace being closed due to the strong winds. Among those taking advantage of the hotel’s new credit-cards-welcome policy were producer Robert Lantos, First Look topper Henry Winterstern and financier Frans Afman, with Harvey Weinstein making a late appearance.

Among the flurry of evening cocktails, HBO held a sunset beachside reception, while Film Four was a Brit-showbiz who’s who at Villa Antoine.

There were signs of a new world order over at the Majestic hotel, where a party held by one of the most conservative Japanese congloms, Toho-Towa, was one of the hottest tickets around. Invites for the banquet-room-bound bash were hard to score, and with good reason — it was packed with A-list Asian execs and influence peddlers. Enjoying the sushi and sake were finance honcho John Ptak, Summit chief Patrick Wachsberger, TWC’s Glen Basner, Focus’ Andrew Karpen, and producers Chuck Roven, Bernd Eichinger, Jeremy Thomas and Bill Kong.

Several of them also were on hand for MGM’s party on the other side of the hotel. Event, in honor of the 20th anniversary of Oliver Stone‘s “Platoon,” was a dark-suited affair packed with indie power-brokers sipping champagne alongside “Platoon” cast members Charlie Sheen, Willem Dafoe and Tom Berenger, and MGM’s Harry Sloan and Rick Sands. Sheen showed up a little late to the soiree: “He’s coming downstairs from his extracurricular activities,” Stone explained to the crowd.

— Patrick Frater, Katja Hofmann, Liza Klaussmann, Nicole LaPorte and Sharon Swart