Parasite is the first Korean film to win the award, although Bong Joon-ho was first noticed at the festival in 2017 with the Netflix-produced Okja.
British actress Emily Beecham won the best actress prize for her starring role in Jessica Hausner's Little Joe while Spanish star Antonio Banderas won the male acting prize for his role as a tortured filmmaker in Pedro Almodovar's loosely biographical Pain And Glory.
This clip courtesy of euronews.