The film is an adaptation of Giuliano da Empoli's bestselling book of the same name, an account of the Russian President's rise to power alongside a fictional adviser called Vadim Baranov, who is played by Paul Dano. It's partially set in the early 1990s amid post-Soviet chaos.
Dano's character was inspired by the real political strategist Vladislav Sourkov, who was considered the architect of the tightly controlled political system created under Putin. In 2013, he resigned his post of deputy prime minister.
The Wizard of the Kremlin is sure to provoke conversations as Russia's three-year war in Ukraine continues.
Efforts to stop the fighting with a ceasefire and end Europe's biggest conflict since World War II through a comprehensive peace settlement have made no progress despite intense diplomatic manoeuvring.
The film marks the English language debut for the French filmmaker best known for films like Clouds of Sils Maria and Personal Shopper, as well as the miniseries Carlos.
Production took place in Latvia as they couldn't film in Russia.
Assayas wrote in his director's statement that it, "is not a film about the rise of one man - nor is it about the force with which power is imposed, or the reinvention of a nation that is both modern and archaic, once again under the yoke of totalitarianism".
"Rooted in real, contemporary events, it is instead a reflection on modern politics - or rather, the smoke screens behind which it now hides: cynical, deceptive, and toxic".
"'The Wizard of the Kremlin is not so much a political film as it is a film about politics - and the perversity of its methods, which now hold us all hostage."
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