Academy launches formal investigation after Will Smith altercation with Chris Rock

The Academy of Motion Picture Arts and Sciences has begun a formal investigation into the moment when Will Smith struck Chris Rock on the Oscars stage during the Sunday night broadcast. On Monday afternoon, the Academy of Motion Picture Arts and Sciences said in a statement, "The Academy condemns the actions of Mr. Smith at last night's show. We have officially started a formal review around the incident and will explore further action and consequences in accordance with our Bylaws, Standards of Conduct and California law."