Man Booker Prize

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The Man Booker Prize for Fiction is a literary prize awarded each year for the best original full-length novel, written in the English language, by a citizen of the Commonwealth of Nations, Ireland, or Zimbabwe.[1] The winner of the Man Booker Prize is generally assured of international renown and success; therefore, the prize is of great significance for the book trade.[2] It is also a mark of distinction for authors to be nominated for the Man Booker longlist or selected for inclusion in the shortlist.

Contents

History and administration

The prize was originally known as the Booker-McConnell Prize, after the company Booker-McConnell began sponsoring the event in 1968; it became commonly known as the "Booker Prize" or simply "the Booker." When administration of the prize was transferred to the Booker Prize Foundation in 2002, the title sponsor became the investment company Man Group, which opted to retain "Booker" as part of the official title of the prize. The foundation is an independent registered charity funded by the entire profits of Booker Prize Trading Ltd., of which it is the sole shareholder.[3] The prize money awarded with the Booker Prize was originally £21,000, and was subsequently raised to £50,000 in 2002 under the sponsorship of the Man Group.

The rules of the Booker changed in 1971; previously, it had been awarded retrospectively to books published prior to the year in which the award was given. In 1971 the year of eligibility was changed to the same as the year of the award; in effect, this meant that books published in 1970 were not considered for the Booker in either year. The Booker Prize Foundation announced in January 2010 the creation of a special award called the "Lost Man Booker Prize," with the winner chosen from a longlist of 22 novels published in 1970.[4]

2001 was the first year in which the longlist was revealed to the general public.[5]

Judging

The selection process for the winner of the prize commences with the formation of an advisory committee which includes an author, two publishers, a literary agent, a bookseller, a librarian, and a chairperson appointed by the Booker Prize Foundation. The advisory committee then selects the judging panel, the membership of which changes each year, although on rare occasions a judge may be selected a second time. Judges are selected from amongst leading literary critics, writers, academics and notable public figures.

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