STOCKHOLM, Sweden -- Jazz saxophonist Sonny Rollins and composer Steve Reich received the prestigious Polar Music Prize from Sweden's King Carl XVI Gustaf at a ceremony Monday at the Stockholm Concert Hall.
The Polar Music Prize is Sweden's biggest music award. It was founded by Stig Anderson, manager of Swedish pop group ABBA, in 1989 through a donation to The Royal Swedish Academy of Music. Each winner receives $147,000.
The award is typically split between pop artists and classical musicians. Past winners include Paul McCartney, Led Zeppelin, Bruce Springsteen, Quincy Jones, Isaac Stern, Pierre Boulez and Valery Gergiev.