Four artists have been nominated for this year’s prestigious Turner prize, with the nominees including; video installation artist Elizabeth Price, fine art draftsman Paul Noble, filmmaker Luke Fowler, and performance artist Spartacus Chetwynd. The prize, awarded annually by Tate Britain, was set up in 1984 to celebrate new developments in contemporary art. It is awarded each year to ‘a British artist under fifty for an outstanding exhibition or other presentation of their work in the twelve months preceding’. Penelope Curtis – director of Tate Britain and chair of the judges – said of this year’s nominees, they each had a united “slowness” to their work. “You have to spend a lot of time with the works. None of them are something you can ‘get’ in a few minutes, you have to spend an hour or two with these pieces in order to really understand them whether that’s film or drawing or performance.”The four artists will now begin preparing work for the Turner prize exhibition which opens at Tate Britain on 2 October. The winner will be announced on 3 December, 2012 and stands to win a prize of £25,000.