ZURICH, SWITZERLAND - SEPTEMBER 22:  Harvey Weinstein speaks at the 'Lion' press junket during the 12th Zurich Film Festival on September 22, 2016 in Zurich, Switzerland. The Zurich Film Festival 2016 will take place from September 22 until October 2.  (Photo by Alexander Koerner/Getty Images)
A-list stars speak out on Weinstein
01:03 - Source: CNN

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Channing Tatum announced on social media that he will be pulling a film project that was in the works with The Weinstein Company

Tatum was set to make his directorial debut based on the book "Forgive Me, Leonard Peacock," by Matthew Quick

CNN  — 

Channing Tatum is stepping down from a film project he had in development with The Weinstein Company.

The actor was set to make his directorial debut alongside Reid Carolin in “Forgive Me, Leonard Peacock,” based on the book by Matthew Quick.

The story deals with sexual abuse and suicide.

Related: More than 40 women have accused Harvey Weinstein of sexual harassment or assault

Tatum made the announcement Wednesday on his social media accounts.

“The brave women who had the courage to stand up and speak their truth about Harvey Weinstein are true heroes to us,” he wrote. “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.”

The Weinstein Co. has been crippled since the allegations of sexual misconduct against co-founder Harvey Weinstein were first reported by the New York Times two weeks ago. Weinstein was fired by the board on October 8, three days after a New York Times detailed a decades-long pattern of alleged harassment.

In a statement to CNN last week, a spokeswoman for Weinstein denied any allegations of “non-consensual sex” and “any acts of retaliation against any women for refusing his advances.”