The "Justice League" star said that he will follow the example set by his friend and filmmaker Kevin Smith who had decided to donate his future income from Weinstein-made projects to non-profit organisation Women in Film.
Affleck had earlier condemned Harvey Weinstein, who has been fired from the TWC, for the sexual harassment allegations leveled against him, saying he was "saddened and angered" by claims made against the movie mogul by some of the biggest celebrities in Hollywood.
"I just didn't want to cash any more checks from the guy," he added.
Last month, The New York Times and The New Yorker published exposes alleging Weinstein has sexually harassed and sexually assaulted women in the entertainment industry for decades.
Since, more than 70 women, including Angelina Jolie, Gwyneth Paltrow, and Cara Delevingne, have revealed having similar experiences.
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