The Premio Planeta is a prestigious Spanish literary award established in 1952 by the Planeta Publishing Group. It is awarded annually to an original unpublished novel, with the aim of promoting literature in the Spanish language. The prize is one of the richest literary awards in the world, offering a significant monetary reward to the winner. The award has a strong reputation and has recognized many notable authors, contributing to their careers and visibility in the literary world. Winning the Premio Planeta can lead to increased readership and opportunities for authors, making it a highly sought-after accolade in the Spanish-speaking literary community.