The Palme d'Or is the highest prize awarded at the annual Cannes Film Festival, one of the most prestigious film festivals in the world. Established in 1955, this golden palm-shaped trophy recognizes outstanding films and filmmakers. Winning the Palme d'Or can significantly boost a film's visibility and success, often leading to international acclaim. This award is given to the best feature film, as chosen by a jury of industry professionals. Notable winners include acclaimed directors like Bong Joon-ho for his film Parasite and Jane Campion for The Piano. The Palme d'Or symbolizes excellence in cinema and celebrates artistic achievement.