Leonardo DiCaprio & Blake Lively Snuggle Up in Cannes (PHOTOS)

Leo's Ladies
Check out DiCaprio's rumored and real-life romances!
Is Leonardo DiCaprio dating Blake Lively? Judging by these photos, the two definitely look like they are at least on friendly terms.

The newly-single Leo and Blake were spotted laughing and hugging while hanging out with Steven Spielberg and Lukas Haas on a luxurious private yacht in Cannes, France. Wearing a white dress and a peach-colored Chanel purse, Blake wrapped her arms around Leo as she arrived on the boat. They sure do look cozy!

This isn’t the first time that Leo and Blake have been spotted getting close.

Page Six reported earlier this week that the two stars were spotted roaming around a hotel in Cannes together alone. “It looked like they were a couple,” a source told the paper.

The pair were also spotted hanging out at Jeremy Renner’s birthday party in Los Angeles in January. The pair were first spotted hanging out in November when they grabbed dinner together to discuss Leo’s upcoming remake of The Great Gatsby with Baz Luhrmann. At the time, Leo was dating Bar Rafaeli so the possible relationship rumors were quickly squashed; however, now that Leo is a single man, maybe he is more willing to be seen in public with the lovely Blake.

Blake and Leo are currently in Cannes for the Cannes Film Festival, which ends on Friday, May 20. Blake was spotted attending the Chanel 2011 Cruise collection show in Cannes last week. Check out the photos below.

Blake is the face of Chanel’s Mademoiselle handbag line. So, not only does she get free Chanel, she also gets Leo!

For what’s it worth, Leonardo was also seen hanging out with Twilight beauty Ashley Greene at a club in Los Angeles earlier this month. Blake has previously been linked to her Gossip Girl co-star Penn Badgley.

Leo and Blake’s reps did not return Celebuzz’s requests for a comment on the relationship rumors.

Check out more photos of Blake and Leo and speculate about their possible relationship in the comments.

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