'Parasite' had gained six nominations this year at the 92nd Academy Awards -- Best Picture, Best Director, Best International Feature Film, Best Original Screenplay, Best Production Design, and Best Film Editing.
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The movie has garnered international acclaim and has managed to win awards at Golden Globes, Screen Actors Guild Awards and the Writers Guild Awards.
It is also the first non-English film to win the Screen Actors Guild Award for Outstanding Performance by a Cast in a Motion Picture.
'Parasite' first premiered at the 2019 Cannes Film Festival and the film immediately made waves as it managed to win the Palme d'Or.
The movie stars Song Kang-ho, Lee Sun-Kyun, Cho Yeo-Jeong, Choi Woo-Shik, and Park So-dam. The flick tells a tale about the members of a poor household family, who somehow get employed by a wealthy family by infiltrating the household and posing as unrelated, highly qualified individuals.
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Hollywood's biggest awards were held without a host for the second year in a row.