BOOKER PRIZE - AWARDS

News: Booker Prize 2023: Ireland's Paul Lynch wins with Prophet Song

 

What's in the news?

       Irish author Paul Lynch wins the 2023 Booker Prize for his novel ‘Prophet Song'.

 

Key takeaways:

       The Booker Prize is the leading literary award in the English-speaking world.

 

Booker Prize:

       The Booker Prize for Fiction, formerly known as the Booker–McConnell Prize and the Man Booker Prize, is a literary prize.

 

Objective:

       To promote the finest in fiction by rewarding the best novel of the year written in English.

 

Eligibility:

       The Booker Prize awards any novel originally written in English and published in the UK and Ireland in the year of the prize, regardless of the nationality of their author.

       The novel must be an original work in English (not a translation).

       It must be published by a registered UK or Irish imprint; self-published novels are not eligible.

 

Prize Money:

       The winner receives £50,000 as well as the £2,500 awarded to each of the shortlisted authors. In this case, thanks to the award being shared, the prize money would be split between the two winners.

 

Organizations involved:

1. Man Group:

       Man Group is an active investment management firm founded in 1783.

       It has sponsored the Man Booker Prize since 2002

2. The Booker Prize Foundation:

       It is a registered charity established in 2002.

       Since then it has been responsible for the award of the Man Booker Prize for Fiction, and for the Man Booker International Prize since its inauguration in 2005.