From Françoise Sagan's Bonjour Tristesse to Ernest Hemingway's The Old Man and the Sea, James Joyce's The Dead to Annie Proulx's Brokeback Mountain—Shakespeare and Company says the novella, a "small but perfectly-formed" literary object, "holds an important place in literature." The Paris bookstore known for its support of aspiring writers recently launched its first Paris Literary Prize  to promote the form in contemporary practice.
One writer who has not published a novel, novella, or short story collection will receive an award of ten thousand euros, cosponsored by the recently established de Groot Foundation, and a weekend stay in Paris next June, during which the award will be presented. Two runners-up will also receive a weekend trip to the city of lights.
The deadline for the first three thousand words of a manuscript is December 1, and submissions must be accompanied by an entry fee of fifty euros (approximately sixty-five dollars). Finalists, announced next February, will be asked to submit their complete manuscripts (of twenty- to thirty-thousand words) by March 20, 2011.
Guidelines and more information about how to enter are available on the Paris Literary Prize Web site .
In the video below, the luminous Jean Seberg dances with melancholy in Otto Preminger's film adaptation of Bonjour Tristesse (Hello Sadness), accompanied by the English version of the film's eponymous song.