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The Academy's board of governors met Saturday and voted "well in excess of the required two-thirds majority to immediately expel him," a statement said.
"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," the statement said.
"What's at issue here is a deeply troubling problem that has no place in our society."
Weinstein, who was recently fired by the Weinstein Company, which he owned, has denied the allegations against him.
This is a developing story.