The Venice Film Festival is an annual international film festival held in Venice, Italy, typically in late August and early September on the island of the Lido. Recognized as the world's oldest film festival and one of the "Big Five" international film festivals, it is organized by La Biennale di Venezia and officially recognized by the FIAPF. Its primary objective is to promote and raise awareness of international cinema in all its forms, encompassing art, entertainment, and industry. The festival's most prestigious award is the Golden Lion for Best Film.