Changes are on their way for the Man Booker International Prize.
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.