USC rejects $5 million pledge from Harvey Weinstein

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University of Southern California's School of Cinematic Arts is rejecting a $5 million pledge from Harvey Weinstein to fund an endowment for female filmmakers.

The School of Cinematic Arts said in a statement Tuesday that it will not proceed with Weinstein's pledge to fund the endowment. It did not offer additional details.

Two stories published Tuesday — one from The New Yorker and another in The New York Times — included details on-the-record accusations of sexual harassment and abuse by the movie mogul. The New Yorker piece says three women have accused the 65-year-old producer of raping them.

Condemnations of the movie mogul continue to mount, with a chorus of A-list actors criticizing him over allegations he sexually harassed women for decades. The allegations could prove to be a moment of reckoning for Hollywood, which is facing increased scrutiny over the fair treatment of women in the industry.

Weinstein's representatives have not responded to requests for comment from The Associated Press. The New Yorker quotes a Weinstein representative saying "any allegations of non-consensual sex are unequivocally denied by Mr. Weinstein."

This story has been updated.

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