Romance Writers of America Files for Bankruptcy Following Membership Decline and Diversity Controversies
The organization's financial woes are tied to a sharp drop in membership and costly conference commitments, with plans to restructure its debts while continuing operations.
- Romance Writers of America (RWA) has filed for Chapter 11 bankruptcy, citing financial obligations it cannot meet.
- The organization has faced significant membership decline, dropping from 10,000 to about 2,000 members since 2019.
- Controversies over diversity, equity, and inclusion (DEI) issues have contributed to the membership exodus.
- RWA's financial struggles are compounded by costly long-term conference contracts with hotels.
- Despite the bankruptcy, RWA plans to continue its day-to-day operations and restructure its debts.
The Guardian 
Reuters 
