The Hay Festival of Literature & Arts is an annual literature festival held in Hay-on-Wye, Powys, Wales, for ten days from May to June. Devised by Norman and Peter Florence in 1988, the festival was described by Bill Clinton in 2001 as "The of the mind".Tony Benn said: "In my mind it's replaced Christmas". Florence continues to be director of the Festival.
It has become a prominent festival in British culture, and sessions at the festival have been recorded for television and radio programmes such as The Readers' and Writers' Roadshow and The One Show. All the BBC's national radio channels apart from Radio One have been involved in broadcasting from the festival, and Sky Arts showed highlights of the festival from 2010 until 2013, handing over the main coverage to the BBC for the 2014 event.
Hay-on-Wye was already well known for its many bookshops before the festival was launched. Richard Booth opened his first shop there in 1962, and by the 1970s Hay had gained the nickname "The Town of Books". From its inception, the festival was held at a variety of venues around Hay, including the local Primary School, until 2005 when it moved to a unified location just south of the town.
The Guardian was the main sponsor of the festival from 2002 to 2010, succeeding The Sunday Times. The Daily Telegraph and its associated brands in Telegraph Media Group had two terms as 3-year sponsors, starting with the 2011 festival. From 2017, the Tata Group and Baillie Gifford are amongst the principal sponsors, along with the BBC and many non-media companies such as the Arts Council of Wales and the British Council.