Swedish intellectuals form new literature prize in Nobel protest

STOCKHOLM - What do you do when this year's Nobel Literature Prize, the world's most prestigious accolade of its kind, is postponed because of a sexual assault scandal?

You create your own award.

More than 100 Swedish intellectuals have joined forces to form a new prize-giving body in protest after the Swedish Academy, which selects Nobel laureates, was plunged into crisis over its long-standing ties to a man accused of assaulting several women.