The Pulitzer Prize is best known as a U.S. award for achievements in journalism. It was established by American publisher Joseph Pulitzer and is administered by Columbia University in New York City. According to the administrators of the Pulitzer Prize.
Prizes are awarded yearly in twenty-one categories. In twenty of these, each winner receives a certificate and a US$10,000 cash award. The winner in the public service category of the journalism competition is awarded a gold medal, which always goes to a newspaper, although an individual may be named in the citation. Now The Onion, which is regularly featured on this blog, thinks that it's time they got one.
PS - The correct pronunciation of the name should sound like the verb pull, as in "Pull it, sir".