The prize is named for the silent film stars and carries a reward of USD 300,000. Past honorees include Bob Dylan, Arthur Miller and Frank Gehry.
The Gish Prize Trust announced the selection today. Selection committee chairman Darren Walker says Lee was chosen "for his brilliance and unwavering courage in using film to challenge conventional thinking."
In an interview today, Lee said he was familiar with Lillian Gish as an actress, but he hadn't heard of the award until he was called "out of the blue."