The Venice Film Festival (Italian Mostra Internazionale d'Arte Cinematografica) is the oldest film festival in the world and one of the most prestigious. Founded by Count Giuseppe Volpi in 1932 as the "Esposizione Internazionale d'Arte Cinematografica", the festival has since taken place every year in late August or early September on the island of the Lido, Venice, Italy. Screenings take place in the historic Palazzo del Cinema on the Lungomare Marconi. It is one of the world's most prestigious film festivals and is part of the Venice Biennale, a major biennial exhibition and festival for contemporary art.
The festival's principal awards are the Leone d'Oro (Golden Lion), which is awarded to the best film screened at the festival, and the Coppa Volpi (Volpi Cup), which is awarded to the best actor and actress. In 2002, the San Marco Award was introduced for the best film of the Controcorrente ("Against the stream") section.