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Academy Of Motion Pictures Revokes Bill Cosby's Membership As Marian Anderson Award Board Also Rescinds Honor

PHILADELPHIA (CBS) -- Bill Cosby lost more prestigious honors following his guilty verdict in his sex assault retrial.

The Academy of Motion Picture Arts and Sciences, which awards the Oscars, announced that it is revoking Cosby's membership.

Earlier on Thursday, the Marian Anderson Award board announced they rescinded Cosby's award he received in 2010.

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"The decision to rescind was made out of respect for the legacy of Marian Anderson, the other artists we have honored and will honor in the future, and the students who benefit from the organization's Young Artist Study Grant program," the board said in a statement.

The 80-year-old actor has had several honorary degrees rescinded, including from Temple University and Yale University.

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Cosby was found guilty of drugging and sexually assaulting former Temple employee Andrea Constand at his home in 2004.

Cosby faces up to 30 years in prison.

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