(LEAD) Lee Chang-dong's 'Possible Love' wins Grand Jury Prize at Venice film fest

South Korean director Lee Chang-dong's film "Possible Love" took home the Silver Lion and Grand Jury Prize at the Venice International Film Festival, marking a significant achievement for Korean cinema. Starring Jeon Do-yeon, Sul Kyung-gu, Zo In-sung, and Cho Yeo-jeong, the movie received the accolade at the 83rd edition of the Italian festival held in Venice on Saturday.

This marks the first time a Korean film has won a prize at the Venice Film Festival since Kim Ki-duk's "Pieta" secured the Golden Lion in 2012. For Lee, this win comes more than two decades after his 2002 romance drama "Oasis" earned the Silver Lion for best director, and the lead actress Moon So-ri's 2002 win for the Marcello Mastroianni Award for emerging actors.

"Possible Love" is Lee's first feature film in eight years, following the critically acclaimed "Burning" (2018). The film, which had its world premiere at Venice, received a standing ovation and positive reviews. The Golden Lion for Best Film went to May El-Toukhy's drama "Woman Unknown," which also took home the best actress award.

Directed by American Maggie Gyllenhaal, the Venice Film Festival is one of the world's most prestigious international film festivals, alongside Cannes and Berlin. "Possible Love" is set for release in South Korea on September 23 and will be available on Netflix starting November 6.