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Peter Jackson Gets Palme d’Or From Elijah Wood at Cannes as Director Credits Festival for Saving ‘Lord of the Rings’: ‘It Was a Huge Gamble’

It was a "Lord of the Rings" reunion at Cannes Film Festival on Tuesday night as Oscar-winning director Peter Jackson received an honorary Palme d'Or from Elijah Wood, who played Frodo Baggins in the…