Man Ends Its 17 Year Partnership with Booker Prize

By January 30, 2019 Literary Awards, News

Since 2002, the Man Group has partnered with and donated £25 million to the Booker Prize and its international edition. However, it has now been announced that this year’s prize will be the final one sponsored by Man. As reported by Sky, the Booker Prize Foundation has stated its trustees are “in discussion with a new sponsor and are confident that the new funding will be in place for 2020”. The foundation’s chairwoman, Helena Kennedy described Man as an “excellent and very generous sponsor.”

The news follows criticism from author who have stated that Man should not sponsor a literary prize. Best-selling author Sebastian Faulks previously described Man Group as “the enemy” and called the award “irritation.” In a podcast last year, he said Man were “not the sort of people who should be sponsoring literary prizes – they’re the kind of people literary prizes ought to be criticising. I wouldn’t feel happy about accepting money from them.”

Luke Ellis, Man’s chief executive defended the sponsorship at the time, saying: “The arts are experiencing an unprecedented withdrawal of public funding.” He added: “Literature and the arts need their champions to step in where public money has been pulled out.”

Further controversy was sparked when the entry rules changed for the prize. When the Booker prize began in 1969, only writers from Commonwealth countries could enter. In 2014, other English speaking countries were allowed to enter, including the United States. Author Peter Carey, who has win the award twice criticised the change and said he fears the prize would lose its “particular cultural flavour.”

Those who win the Booker Prize are awarded £50,000 and usually see a large spike in book sales. Previous winners include Salman Rushdie, Hilary Mantel, and Julian Barnes.

Speaking on Man’s decision to end the partnership, Ms Kennedy said: “With their support we have seen the prizes and our charitable activities flourish so that today the prizes can claim to be the most significant literary awards in the world. However, all good things must come to an end and we look forward to taking the prizes into the next phase with our new supporter.”

Mr Ellis said Man would “focus its resources” on a new campaign to expand the firm’s global charitable initiatives. We are truly honoured to have been a part of something so special and unique.”

The Pulitzer Prize for Literature Winners 2019

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The Pulitzer Prize is less a literature prize and more a prize for the arts, awarding prizes for literature, drama, music, and journalism. As readers, we are of course interested in the literature prizes and as the Pulitzer Prize winners were announced last night, we have those for you now.

The main literature prize this year goes to Richard Powers for his novel, The Overstory, described as “an ingeniously structured narrative that branches and canopies like the trees at the core of the story whose wonder and connectivity echo those of the humans living amongst them.”

Here’s that and the other Pulitzer Prize winners for literature 2019.
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The Man Booker International Shortlist 2019

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In 2004 Man Booker introduced the Man Book International Prize to complement the original prize. Sponsored by the Man group (though this is Man’s final year), the award was given out every two years to a living author of any nationality for a body of work published in English or available in English translation. In 2016, the prize was updated and is now handed out yearly with a £50,000 prize, traditionally shared equally between author and translator.

This week, the 2019 Man Booker International Shortlist was announced and we have those six books here for you now.

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And the Winner of the Stella Prize 2019 is…

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The Stella Prize is a major literary award celebrating female authors in Australia. The prize is named after one of Australia’s most iconic female authors, Stella Maria Sarah ‘Miles’ Franklin and was first awarded in 2013, to grow and become one of the most respected women’s prizes around.

The award seeks to recognise and celebrate Australian women’s writer’s contribution to literature, bring more readers to books by woman, equip young readers with the skills to question gender disparities and challenge stereotypes in publishing. Each year one female writer receives a $50,000 prize and the 2019 winner has been announced.

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Shortlist for Oscar’s Book Prize Announced

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Oscar’s Book Prize is a literary award recognising excellence in children’s books for the under fives. The award is in its sixth year and was created in honour of Oscar Ashton, who passed away in 2012, aged three and a half from an undetected heart condition.

The award is supported by Amazon, and the National Literacy Trust and searches for the best children’s stories that Oscar would have loved. This year’s winner will be announced on 9th May but the shortlist for the 2019 prize has just been announced and we have that for you here.
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Shortlist for the Centenary James Tait Black Awards Announced

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The James Tait Black Prize is the longest running literary prize in the UK and 2019 marks its centenary year. The Prizes have been presented every year since 1919 and the prize has survived two World Wars, evolving technology, and changing reading habits to become one of the UK’s most illustrious literary awards.

The prize was created in 1918 when Janet Tait Black née Coats, part of the renowned threadmaking family J & P Coats, made provision in her will for the creation of two book prizes, to be awarded annually in memory to her husband, James Tait Black. Read More

Nobel Prize for Literature to be Awarded Twice in 2019

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Amidst a huge sexual scandal, the Nobel Prize for Literature 2018 was cancelled, the first time this has happened since the 1940s. French photographer Jean-Claude Arnault, who is married to a former member of the institution was accused of sexual misconduct and was eventually convicted of rape, causing the Academy to collapse from within.

On the two previous occasions the prize has been cancelled, a double award has been issues on the following year, and now that the Nobel Academy has reformed after the scandal it’s announced that there will be two Nobel Prizes for Literature awarded this year.
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