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The Venice Film Festival explained

Venice is the oldest film festival in the world. Here is how it works, what the Golden Lion and Volpi Cup are, and why its late-summer premieres so often lead to awards season success.

3 min read · Updated October 2026

The Palazzo del Cinema on the Lido of Venice
The Palazzo del Cinema on the Lido, the festival's main venue since the 1930s. Image: Palazzo del Cinema (Lido di Venezia) 01.jpg by Derbrauni, CC BY 4.0, via Wikimedia Commons

The oldest film festival

The Venice International Film Festival was first held in 1932, making it the oldest film festival in the world. It is part of the Venice Biennale, the arts organization that also runs major exhibitions of contemporary art and architecture and festivals of music, theater and dance.

The festival takes place every year from late August to early September on the Lido, a long, narrow island across the lagoon from the historic center of Venice. Guests arrive by water bus or water taxi, which gives Venice premieres a glamour all their own.

The main venue is the Palazzo del Cinema, opened in 1937, whose Sala Grande hosts the gala premieres. Other screening rooms nearby, such as the Sala Darsena, host press and public screenings.

The sections

SectionWhat it is
Venezia (Competition)The main competition, usually around 20 films, competing for the Golden Lion
Out of CompetitionMajor premieres, documentaries and special events
Orizzonti (Horizons)Competition for new trends and more experimental work
Venice ClassicsRestored classics and documentaries about film history
Venice ImmersiveCompetition for virtual reality and immersive works
Independent sectionsThe Venice Days and International Film Critics' Week run alongside the festival

The prizes

An international jury chooses the main awards:

  • Golden Lion (Leone d'Oro): the top prize for best film.
  • Grand Jury Prize: the second most important award.
  • Silver Lion: for Best Director.
  • Volpi Cup: the acting prizes, one for best actress and one for best actor, named after Count Giuseppe Volpi, the festival's founding president.
  • Marcello Mastroianni Award: for the best young actor or actress.
  • Lion of the Future: the Luigi De Laurentiis award for the best debut feature across the festival's sections.
  • Golden Lion for Lifetime Achievement: honorary awards for veteran filmmakers and actors.

Venice and awards season

Because it falls at the start of September, Venice has become one of the key launch points for the Oscar race. Studios like premiering prestige films there because the timing gives them months of publicity before voting begins.

Golden Lion winnerFestival yearLater Oscar result
The Shape of Water2017Won Best Picture
Roma2018Won Best Director and Best Foreign Language Film
Joker2019Won Best Actor
Nomadland2020Won Best Picture
Poor Things2023Won Best Actress

Moments that changed cinema

Venice has a proud record of introducing the world to new film cultures:

  1. Japanese cinema: Akira Kurosawa's Rashomon won the Golden Lion in 1951 and introduced many Western audiences to Japanese film.
  2. Italian cinema: Venice was a showcase for Italian directors after the era of neorealism, and later for Michelangelo Antonioni, Luchino Visconti and others.
  3. Chinese-language cinema: Zhang Yimou's The Story of Qiu Ju (1992) and Hou Hsiao-hsien's A City of Sadness (1989) both won the Golden Lion.
  4. Immersive media: Venice was one of the first major festivals to give virtual reality its own competition.
Tip

Unlike some festivals, Venice sells tickets to many screenings to the public. Daily tickets and passes are available through the Biennale, and the Lido has a relaxed seaside atmosphere between screenings.

How it compares

Venice is the oldest of the "big three" European festivals. Cannes, in May, is larger and more industry-focused; Berlin, in February, is the most public. Together they shape which international films reach cinemas around the world each year.

Keep learning

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