Channing Tatum has announced he's parting ways with The Weinstein Company following the ongoing allegations of sexual harassment and sexual assault against former company head Harvey Weinstein.

The 22 Jump Street and Foxcatcher actor took to Facebook to explain his decision, which has seen him cancel development of his new movie Forgive Me, Leonard Peacock.

Channing wrote: "The brave women who had the courage to stand up and speak... about Harvey Weinstein are true heroes to us.

"They are lifting the heavy bricks to build the equitable world we all deserve to live in. Our lone project in development with TWC— Matthew Quick's brilliant book Forgive Me, Leonard Peacock— is a story about a boy whose life was torn asunder by sexual abuse.

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"While we will no longer develop it or anything else that is property of TWC, we are reminded of its powerful message of healing in the wake of tragedy. This is a giant opportunity for real positive change that we proudly commit ourselves to.

"Let's finish what our incredible colleagues started and eliminate abuse from our creative culture once and for all."

The story is about a 17-year-old schoolboy, Leonard Peacock, who plans to kill his best friend at school, then himself. It's later revealed that he was sexually abused by his friend, who had ditched him in order to associate with the popular kids.

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Harvey Weinstein has since left The Weinstein Company along with being expelled from the Academy Awards board.

Numerous high-profile actresses have spoken out with accusations against the movie producer, including Game of Thrones' Lena Headey, Rose McGowan, Gwyneth Paltrow, Angelina Jolie, Cara Delevingne, Ashley Judd, Kate Beckinsale, Lea Seydoux and others. He has "unequivocally denied" any allegations of non-consensual sex.

Announcing Harvey Weinstein's sacking from the company, TWC's board said in a statement: "The directors of The Weinstein Company – Robert Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately."

From: Digital Spy