Ellise Shafer Michel Franco’s heartbreaking drama “Memory” earned a strong eight-minute standing ovation at the Venice Film Festival on Friday night as stars Jessica Chastain and Peter Sarsgaard wiped away tears. Franco, Chastain and Sarsgaard embraced as the audience cheered them on, with each taking their turn in the spotlight to accept the applause. After the crowd clapped for several minutes, Chastain was visibly emotional, dabbing at her eyes as she smiled with pride.