The Academy calls Smith's behavior "unacceptable and harmful."
The Academy of Motion Picture Arts and Sciences has revealed its punishment for Will Smith following the slap seen 'round the world at this year's Oscars.
A statement from the Academy reads in full:
The 94th Oscars were meant to be a celebration of many individuals in our community who did incredible work this past year; however, those moments were overshadowed by the unacceptable and harmful behavior we saw Mr. Smith exhibit on stage.
During our telecast, we did not adequately address the situation in the room. For this, we are sorry. This was an opportunity for us to set an example for our guests, viewers and our Academy family around the world and we fell short -- unprepared for the unprecedented.
Today, the Board of Governors convened a meeting to discuss how best to respond to Will Smith's actions at the Oscars, in addition to accepting his resignation. The board has decided, for a period of 10 years from April 8, 2022, Mr. Smith shall not be permitted to attend any Academy events or programs, in person or virtually, including but not limited to the Academy Awards.
We want to express our deep gratitude to Mr. Rock for maintaining his composure under extraordinary circumstances. We also want to thank our hosts, nominees, presenters and winners for their poise and grace during our telecast.
This action we are taking today in response to Will Smith's behavior is a step toward a larger goal of protecting the safety of our performers and guests, and restoring trust in the Academy. We hope this can begin a time of healing and restoration for all involved and impacted.
The way this statement reads, Smith can still be nominated and win -- but wouldn't be able to accept either in-person or via video. In his own statement, Smith added, "I accept and respect the Academy's decision."
The decision after the actor already resigned from the Academy on April 1.
"My actions at the 94th Academy Awards presentation were shocking, painful, and inexcusable. The list of those I have hurt is long and includes Chris, his family, many of my dear friends and loved ones, all those in attendance, and global audiences at home," Smith said in a statement. "I betrayed the trust of the Academy. I deprived other nominees and winners of their opportunity to celebrate and be celebrated for their extraordinary work. I am heartbroken. I want to put the focus back on those who deserve attention for their achievements and allow the Academy to get back to the incredible work it does to support creativity and artistry in film."