The Man Booker Prize Explained

The Man Booker Prize site

From the site:

"The Man Booker Prize promotes the finest in fiction by rewarding the very best book of the year. The prize is the world's most important literary award and has the power to transform the fortunes of authors and even publishers...."

"The prize, which celebrated its 40th anniversary last year, aims to reward the best novel of the year written by a citizen of the Commonwealth or the Republic of Ireland. The Man Booker judges are selected from the country's finest critics, writers and academics to maintain the consistent excellence of the prize. The winner of the Man Booker Prize receives £50,000 and both the winner and the shortlisted authors are guaranteed a worldwide readership plus a dramatic increase in book sales."