Mercury Prize £25,000. The winner also receives an additional winner's trophy. To date, PJ Harvey is the only artist to have won the award on more than one occasion (in 2001 and 2011). She was also the first female solo artist to receive the award. Alex Turner has received five nominations as a member of Arctic Monkeys and The Last Shadow Puppets, winning once. Thom Yorke has 6 nominations, 5 with Radiohead and one for "The Eraser", but has never won. The Mercury Prize can have a considerable effect on sales for those artists who are shortlisted. Elbow saw a 700% sales
Mercury Prize 2015 prize was sponsored by the BBC, while in 2016 it was announced that a three-year deal had been struck with Hyundai to sponsor the event. Any album released by a British or Irish artist, or by a band where over 50% of the members are British or Irish, may be submitted for consideration by their record label. The shortlist is chosen by an independent panel of musicians, music presenters, music producers, music journalists, festival organisers and other figures in the music industry in the UK and Ireland. The prize is open to all types of music, including pop, rock,