3 December 2012 4:32 PM, PST | The Wrap | See recent The Wrap news »

Video artist Elizabeth Price has won the prestigious  2012 Turner Prize for her video installation "The Woolworths Choice of 1979." The announcement was made Monday at the Tate Britain in London, where actor Jude Law (right, with Price) presented the prize. Price will receive 25,000 pounds (about $40,000). Also read: MoMA Goes 8-Bit, Acquires 14 Videogames for Permanent Collection Price's winning artwork combines photos of gothic architecture, pop music performances and news footage from a fatal fire in Manchester in 1979. It was shown earlier this year at the Baltic Centre for Contemporary »

- Lisa Fung

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