Herbert Simon

Kirkus Media announces new $50,000 literary prizes

Kirkus Media announces new $50,000 literary prizes

England has the Man Booker ($83,000) and the Folio Fiction Prize ($66,000). American poets have the Kingsley Tufts Award ($100,000) and the Ruth Lilly Poetry Prize ($100,000). English-language writers worldwide, working in any genre, are eligible for the new Windham-Campbell Prizes ($150,000) administered by the Beineke Library at Yale.

And now there's another big prize on the table: The Kirkus Award, which will be $50,000.

Kirkus will award prizes annually in three categories: fiction, nonfiction and young readers literature.

The announcement of the new awards program was made Wednesday in New York at an event held to coincide with Book Expo, the publishing industry's...