Producer Harvey Weinstein's infamous antics have cost him his Movie Academy membership as the Oscar club decided to ban him for violating Academy rules, after a meeting Saturday.

Owing to the string of sexual assault allegations that are riding on the Miramax co-founder, the officials in the Oscar club have voted to kick-out Weinstein's from Board.

In a statement released to Page Six, the prestigious group revealed Weinstein's expulsion from the Academy of Motion Pictures Arts and Sciences Board of Governor. They said that the body has well in advance voted in excess of the required two-thirds majority to oust Weinstein.

"We do so not simply to separate ourselves from someone who does not merit the respect of his colleagues but also to send a message that the era of willful ignorance and shameful complicity in sexually predatory behavior and workplace harassment in our industry is over," they said.

Women pressed charges of sexual assault on Weinstein and a New York Times report accused the movie mogul of decades of sexual allegations that involved settlements with more than 8 women.

The 54-member group of the Oscar club called for an emergency meeting on Thursday to decide on his alleged misconduct on women amid recurring sexual assault charges surfacing for over a week.

The motion picture academy added that it would work towards establishing ethical standards of conduct and would expect that all academy members to exemplify the rule which Weinstein had disregarded

Earlier, Weinstein had denied sexual assault and rape allegations and had acknowledged that his behavior had "caused a lot of pain" to women. He said he would learn to be a "better man" and released a statement to the effect through his lawyer Lisa Bloom.

The Academy has acted in the wake of new allegations as actresses like Gwyneth Paltrow and Angelina Jolie have alleged misbehavior with them too.

Weinstein, 65, had earlier been ousted from his company and his wife of 10 years Georgina Chapmen joined the chorus revealing her plans to separate.

Apart from Weinstein, actor Carmen Caridi of Godfather fame was ousted from the prestigious group after reports of him sharing screeners of the films surfaced in 2004.