COPENHAGEN, Denmark — The Nobel Prize in literature won't be awarded this year following sex-abuse allegations and other issues that have tarnished the Swedish Academy's public image. Here are five things to know about the most prestigious international literature prize:

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WHO CREATED THE PRIZE?

The Nobel Prizes were created following a bequest from Alfred Nobel, a Swedish industrialist and inventor of dynamite, who wanted his fortune to honor great achievements in physics, chemistry, medicine, literature and peace. The literature prize winner is picked by the Swedish Academy in Stockholm. Each prize is worth 9 million Swedish kronor (about $1.1 million).

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HOW MANY LITERATURE PRIZES HAVE BEEN AWARDED?

Since 1901 the Swedish Academy has awarded the prize 110 times. On seven occasions the prize wasn't awarded — mostly due to war, although in 1935, no candidate was deemed worthy of the prize. The award has also been postponed on seven occasions, as is being proposed this year. Last year year's winner was Japanese-born British novelist Kazuo Ishiguro.

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HOW MANY WOMEN HAVE RECEIVED THE PRIZE?

So far, 14 women have been awarded the Nobel Prize for literature. They include American writer Toni Morrison, British novelist Doris Lessing and Nadine Gordimer of South Africa.

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WHY IS THE 2018 PRIZE BEING POSTPONED?

The Swedish Academy says it is in unable to pick a winner after a string of sex abuse allegations and financial crimes scandals divided the panel's 18 members. Seven members quit or distanced themselves from the panel. Its permanent secretary, Anders Olsson, says the academy wants "to commit time to recovering public confidence." It plans to award the prize next year.