Arnold Schönberg Prize
The International Arnold Schönberg Prize commemorates the eponymous Austrian composer. It was established in 2001 on the initiative of Kent Nagano, the former principal conductor and musical director of the Deutsches Symphonie-Orchester Berlin, together with Deutschlandradio. The prize is awarded by the Arnold Schönberg Center (Vienna, Austria) to international composers. When the prize was instituted, the amount of money awarded was €12,500.