Published on Submitted by 4comadmin on Tue, 07/07/2015 - 10:28
The Booker Prize Foundation today (7 July 2015) announces that the Man Booker International Prize is to evolve from 2016, to encourage more publishing and reading of quality fiction in translation.
As from 2016, the prize will be awarded annually on the basis of a single book, translated into English and published in the UK, rather than every two years for a body of work. The 2015 Man Booker International Prize highlighted the growing importance of quality fiction in translation, with eight out of ten of the finalists having been originally published in a language other than English. For the 2016 prize, both novels and collections of short stories will be eligible.
As a further acknowledgement of the importance of translation, the £50,000 prize will be divided equally between the author and the translator. Each shortlisted author and translator will receive £1,000. This brings the total prize fund to £62,000 per year, compared to the previous £37,500 for the Man Booker International Prize and £10,000 for the Independent Foreign Fiction Prize.
The Man Booker International Prize will join forces with the current Independent Foreign Fiction Prize, with its new terms and conditions of eligibility grounded in those of the IFFP, bringing the best of the IFFP to the new venture. Boyd Tonkin, senior writer on The Independent, who has been on the judging panel for and a champion of the Independent Foreign Fiction Prize since 2000, will chair the judges of the 2016 Man Booker International Prize. He will also join the Booker Prize Foundation Advisory Committee after serving his term as chair. A further four judges will be announced in due course. Fiammetta Rocco will continue as Administrator of the Man Booker International Prize.
The new Man Booker International Prize will complement the Man Booker Prize in that the judges will select a longlist of 12 or 13 books next March, followed by a shortlist of six in April, with the winner announced in May 2016.
The symmetrical relationship of the two prizes will ensure that ‘the Man Booker’ can now honour fiction at its finest on a truly international basis.
Jonathan Taylor, Chair of the Booker Prize Foundation, comments:
‘One of the persistent observations of Man Booker International Prize judges has been that a substantial body of important literary fiction has not been translated into English. We very much hope that this reconfiguration of the prize will encourage a greater interest and investment in translation.
‘The new Man Booker International Prize will complement the Man Booker Prize for Fiction by ensuring that all novels published in English in the UK are eligible for one or other of the prizes. Thereby we will encourage the recognition, reward and readership 0f fiction of the highest quality from all over the world.’
Antonia Byatt, Director Literature and South East at Arts Council England, which has supported the Independent Foreign Fiction Prize said:
‘We are delighted to have been able to support the Independent Foreign Fiction Prize over the last 15 years; the contributions made by Book Trust, The Independent and Taittinger have been equally vital in its success. Over that time the prize’s influence has grown hugely and joining forces with the Man Booker International Prize will take the celebration of translated fiction to the next level. We welcome the Booker Prize Foundation’s commitment to writers, translators and readers alike, and we continue to support literature in translation in a variety of other ways.'
Boyd Tonkin, Independent Foreign Fiction Prize judge and now chair of the 2016 Man Booker International Prize comments:
‘Since its revival, the Independent Foreign Fiction Prize has through its record of success built a unique reputation as an annual showcase for the very best in global fiction, and for the precious art of the translator. I am delighted that, through the newly configured Man Booker International Prize, even more readers will have the chance to encounter the finest fiction from around the world. It is particularly thrilling to see the translator’s role acknowledged by the equal division of the prize between writer and translator.’
Emmanuel Roman, CEO of Man Group, comments:
‘The new, annual Man Booker International Prize will continue to recognise the hard work and creativity of the authors, while further acknowledging the importance of translation and celebrating talent from all over the world. For our business, this is also important as we have become increasingly diverse and globalised. Furthermore the prize underscores Man Group's charitable focus on literacy and education and our commitment to excellence and entrepreneurship. Together with the wider charitable activities of the Booker Prize Foundation, the prize plays a very important role in promoting international literary excellence that we are honoured to support.’
#MBI2016 / #FinestFiction
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Notes to Editors
•Jonathan Taylor, chair of the Booker Prize Foundation; Fiammetta Rocco, Administrator of the Man Booker International Prize and Boyd Tonkin, chair of the Man Booker International Prize 2016 judges are available for interview through Four Colman Getty
•Submissions will be sought from UK publishers of books published in English in translation between 1 January 2015 and 30 April 2016. The judges will select a longlist of 12 or 13 books, to be announced in March 2016. This will be followed by a shortlist of six in April 2016 and the winner will be announced in May 2016. This will become an annual process, with the period of publication in subsequent years being from 1 May until 30 April the following year.
• The Administrator of the Man Booker International Prize is Fiammetta Rocco, Books and Arts Editor of The Economist.
• The Trustees of the Booker Prize Foundation have appointed Gaby Wood as the next Literary Director of the Foundation. She succeeds Ion Trewin, who sadly died earlier this year in April. Gaby will take over full responsibility for the Man Booker Prize at the conclusion of this year’s prize. The literary direction of the 2015 prize will in the interim be handled by Fiammetta Rocco, Administrator of the Man Booker International Prize and Books and Arts Editor of The Economist.
• Four Colman Getty handles PR and event management for the prize and provides all events and administrative back-up
• The Man Booker International Prize website includes detailed information about all aspects of the prize and runs regular news bulletins: www.themanbookerprize.com
• The Booker Prize Foundation Advisory Committee, which advises on any changes to the rules and on the selection of the judges, represents all aspects of the book world. Its members are: Richard Cable - publisher, Random House; Mark Chilton - Company Secretary and General Counsel of Booker Group plc; Basil Comely - BBC TV; James Daunt - Managing Director of Waterstones; Jonathan Douglas - Director of the National Literacy Trust; Maggie Fergusson - writer and Secretary of the Royal Society of Literature; Derek Johns - literary agent; Peter Kemp - Chief Fiction Reviewer, The Sunday Times; Nigel Newton - publisher, Bloomsbury; Fiammetta Rocco - Books and Arts Editor, The Economist (Man Booker International Prize Administrator); Emmanuel Roman- Chief Executive Officer, Man Group; Eve Smith - Company Secretary, the Booker Prize Foundation; Robert Topping - Topping & Company Booksellers
• The Booker Prize Foundation is a registered charity (no 1090049) which, since 2002, has been responsible for the award of the prize. The trustees of the Booker Prize Foundation are: Jonathan Taylor CBE – Chair, former Chairman of Booker plc; Lord Baker of Dorking CH; Bidisha – writer, critic and broadcaster; Victoria Glendinning CBE – biographer; Baroness Kennedy QC- former Chair of the British Council and Principal of Mansfield College, Oxford; James Naughtie - broadcaster; Christopher Pearce - former Finance Director of Rentokil plc and Louise Richardson, Principal and Vice Chancellor of the University of St Andrews.
• Baroness Nicholson of Winterbourne, Baroness Neuberger and Sir Ronald Harwood are Vice Presidents of the Foundation.
• Man Group has sponsored the Man Booker Prize since 2002. A leading alternative investment management firm founded in 1783, Man Group was recognised as a partner who mirrored the quality, integrity and longevity of the Booker Prize. The prize underscores Man Group's charitable focus on literacy and education as well as the firm’s commitment to excellence and entrepreneurship. Together with the wider charitable activities of the Booker Prize Foundation, the prize plays a very important role in promoting literary excellence on a global scale that the firm is honoured to support.
• Man Group is one of the world’s largest independent alternative investment managers, and a leader in high-alpha, liquid investment strategies. Across its four investment managers (Man AHL, Man FRM, Man GLG and Man Numeric), Man Group has a diverse offering in hedge funds and long only products spanning equity, credit, managed futures, convertibles, emerging markets and multi-manager solutions. At 31 March 2015, Man Group’s funds under management were $78.1 billion. The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange under the ticker EMG.L and is a constituent of the FTSE 250 Index. Man Group also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.man.com.
• Booker is the UK's leading food wholesaler with over 170 branches nationwide. It serves over 350,000 independent businesses.
• The Independent Foreign Fiction Prize was launched in 1990 and ran until 1995. The Prize was revived with the support of Arts Council England in 2001 and has been managed by reading charity Book Trust for the last five years. The £10,000 Prize money and associated costs are supported using public funding by Arts Council England, and the Prize was also supported by The Independent and Champagne Taittinger. The 2015 winner of the Independent Foreign Fiction Prize was The End of Days by Jenny Erpenbeck, translated from the German by Susan Bernofsy and published by Portobello Books.