Will Smith said Friday that he will resign from his membership in the Academy of Motion Picture Arts and Sciences and "fully accept any and all consequences" for slapping Chris Rock at Sunday's Oscars, Financial Times reports.
Why it matters: The Academy said this week that it has launched "disciplinary proceedings" against Smith, whose actions made headlines around the world. Smith, who won the Best Actor award that night, slapped Rock after the comedian made a joke about Jada Pinkett Smith's alopecia, an autoimmune disorder that causes hair loss.
