Premio Iberoamericano Planeta-Casa de América de Narrativa

Premio Iberoamericano Planeta-Casa de América de Narrativa was a Latin American Spanish language literary award.^[1] The winner received US$200,000 making it one of the richest literary prizes in the world.^[2] Beyond the large endowment, the award was also notable for the large number of books which were judged; in 2010 over 600 books entered the award, far surpassing the approximately 120 books which entered the Man Booker Prize, for example.^[2]^[3]

The first award was in 2007. It was given annually, generally in March, in a Latin American capital that was designated each year.^[1] The Prize was for an unpublished text written in Spanish, and had an endowment of $200,000 for the winner and $50,000 for the runner-up.^[1] The goal of the award was to promote Spanish-language fiction in all Latin American countries.^[1] The prize was sponsored by Grupo Planeta, one of the largest publishers in the world.^[1] The jury was composed of five members: one representative of each of the two convening entities (Editorial Planeta and Casa de América) and three personalities in the world of Latin American literature.^[1]

The 2010 Prize, that was to be given in Valparaíso, Chile, was suspended because of the 2010 Chile earthquake.^[4] In 2011 there was no runner-up prize. After 2012, the prize was canceled.^[why?]^{[citation needed]}