Additionally, National Geographic is delaying production of Pole to Pole, a nature series that features Smith visiting the North and South Poles. The series was supposed to start filming in three weeks, but it's now being pushed back until the fall, the insider revealed.
In March, the actor, 53, made headlines after he hit Rock in the face. At the time, Rock made a joke about Smith's wife, which didn't go over well with the Fresh Prince of Bel-Air star.
Despite taking home an Oscar for his role in King Richard, he is now banned from attended the prestigious awards show for the next 10 years. Smith also decided to walk away from the Academy earlier this month.
"I am resigning from membership in the Academy of Motion Picture Arts and Sciences, and will accept any further consequences the Board deems appropriate," the Hollywood star said in a statement. "Change takes time and I am committed to doing the work to ensure that I never again allow violence to overtake reason."
This is hardly the first time Smith has been condemned for his actions. The Hollywood Reporter noted that a separate Netflix film and a movie for Sony have been put in hold after Smith's violent behavior was exposed.
Smith took to Instagram to apologize for his actions.
“Violence in all of its forms is poisonous and destructive. My behavior at last night’s Academy Awards was unacceptable and inexcusable. Jokes at my expense are part of the job, but a joke about Jada’s medical condition was too much for me to bear and I reacted emotionally,” he wrote. “I would like to publicly apologize to you, Chris. I was out of line and I was wrong. I am embarrassed and my actions were not indicative of the man I want to be. There is no place for violence in a world of love and kindness.”
He continued, “I would also like to apologize to the Academy, the producers of the show, all the attendees and everyone watching around the world. I would like to apologize to the Williams Family and my King Richard Family. I deeply regret that my behavior has stained what has been an otherwise gorgeous journey for all of us. I am a work in progress.”