Wes Anderson's "Moonrise Kingdom" to open Cannes Film Festival

(CBS News) Wes Anderson's new film "Moonrise Kingdom," will open the 65th Cannes Film Festival on May 16, organizers announced today.

"Wes Anderson is one of the rising powers of American cinema, to which he brings a highly personal touch, particularly in 'Moonrise Kingdom,' which once again is a testimony to the creative freedom in which he continues to evolve," Thierry Fremaux, the festival's general delegate, said in a statement. "Sensitive and independent, this admirer of Fellini and Renoir is also in his own right a brilliant and inventive filmmaker."

"Moonrise Kingdom," set on an island off the coast of New England in the summer of 1965, follows two 12-year-olds who fall in love, make a secret pact, and run away together into the wilderness. The film stars Edward Norton, Bill Murray, Frances McDormand, Tilda Swinton and Jason Schwartzman.

Anderson's past films include "The Royal Tenebaums," "The Life Aquatic with Steve Zissou" and "The Darjeeling Limited."

Check out the trailer for "Moonrise Kingdom" below.