International media assure that Smith made the decision due to the high stress to which he has been subjected in recent days.
He also added that it would be a very strong blow for him to lose the golden statuette.
This resignation means that the film producer will not be able to vote in the institution of the film industry, since with his resignation, he will no longer be an active member.
The ambitious project between Will Smith and the streaming platform was called ‘Fast and Loose’ and was going to be directed by renowned director David Leitch.
The portal The Hollywood Reporter indicated that until now the streaming giant will not give priority to this project, as it has other releases and original stories on the doorstep that are capturing the attention of its filmmakers.