
Hollywood bosses will hold an emergency meeting later to discuss what action should be taken against Harvey Weinstein.
Big names like Tom Hanks, Steven Spielberg and Whoopi Goldberg are on the board of the organisation which runs the Oscars.
JD Heyman is the Deputy Editor of People Magazine.
He claims the sex allegations against the movie mogul are "extremely damaging" for The Weinstein Company - and the film industry in general.