The Academy of Motion Picture Arts and Sciences announced after the May 1 board meeting that both Bill Cosby and director Roman Polanski have been excised from its membership rolls. The board’s full statement, courtesy of Variety:

"The Academy of Motion Picture Arts and Sciences' Board of Governors met on Tuesday night (May 1) and has voted to expel actor Bill Cosby and director Roman Polanski from its membership in accordance with the organization's Standards of Conduct. The Board continues to encourage ethical standards that require members to uphold the Academy's values of respect for human dignity."

This, of course, comes only days after Cosby being found guilty of sexual assault and drugging his female victims. Roman Polanski, meanwhile, has been on the lam since roughly 1978 (and subsequently arrested in Switzerland in 2009) – having left the country while waiting on a sentence for statutory rape.

Harvey Weinstein was also booted from the Academy last year after the Pulitzer Prize winning exposés from the New York Times and The New Yorker on his brutal treatment of actresses he was involved with as a producer, in many high grossing Hollywood pictures.

The bankruptcy sale of The Weinstein Company is also winding down.