Published On: Mon, Aug 30th, 2010

The Booker Prize

The Booker Prize is a literary prize awarded each year for the best original full-length novel, written in the English language, by a citizen of either the Commonwealth of Nations or Ireland.

The prize was originally known as the Booker-McConnell Prize after the company Booker-McConnell began sponsoring the event in 1968, and 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 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.

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