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MAR 14, 2013 - New Statesman

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Folio Society to sponsor new £40,000 literary prize

Books will be nominated by a one-hundred strong Academy of "ideal" readers.On Wednesday evening it was announced that the Folio Society will take responsibility for funding a new £40,000 fiction prize. Previously referred to as the "Literature Prize", the Folio Prize aims to "recognise and celebrate the best English-language fiction from around the world," distinguishing itself from the Booker and Costa Book Awards by accepting nominations from countries outside the UK and Ireland. Nominations for the prize will not come from publishers and agents, as is traditional ... Read More

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