The German Film Award, known as the Lola, is the most prestigious film award in Germany. Established in 1951, it honors outstanding achievements in the German film industry, recognizing excellence in various categories such as best film, direction, and acting. The awards are presented annually by the German Federal Film Board. The ceremony typically takes place in Berlin and attracts many prominent figures from the film community. Winning a Lola can significantly boost a film's visibility and success, making it a coveted accolade for filmmakers and actors alike.