05/26/2013 02:53 pm ET

'Blue Is The Warmest Color' & Cannes: Film Wins Palme d'Or Award

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The Cannes Film Festival has crowned its winners.

The biggest honor of the French festival went to Abdellatif Kechiche's "Blue is the Warmest Color," a coming-of-age drama which tells the story of a lesbian relationship. Starring Adèle Exarchopoulos and Léa Seydoux, "Blue is the Warmest Color" was awarded the Palme d'Or by an esteemed jury including Steven Spielberg, Christoph Waltz, Ang Lee, and Nicole Kidman.

"The jury, headed by Steven Spielberg, took the unusual move of awarding the Palme not just to Kechiche, but also to the film's two stars: Adele Exarchopoulos and Lea Seydoux," the AP reports. "The three clutched each other as they accepted the award, one of cinema's greatest honors."

"Blue is the Warmest Color" beat out The Coen Brothers' "Inside Llewyn Davis," which took home the Grand Prix award.

The film festival also honored Berenic Bejo for her role in Asghar Farhadi's "The Past" and Bruce Dern for his part in Alexander Payne's "Nebraska."

Outrageous Cannes Style