Brett Ratner Resigns as Oscar Producer After Gay Slur

When Brett Ratner looks back on what killed his once-in-a-lifetime chance to produce the 2012 Academy Awards, it'll boil down to one sentence -- just a handful of words -- that he really, really shouldn't have said. During a Q&A for "Tower Heist" Friday night in Los Angeles, he dismissed the notion of rehearsing with his actors, claiming at one point "Rehearsal's for f*gs." And with that simple, stupid, homophobic comment, Ratner had to have known that it was merely a matter of time until the Academy of Motion Picture Arts and Sciences would decide to extricate themselves from Ratner and his comments.

At first it seemed like the embattled director would get off with just a stern warning from the Academy -- even after Ratner made things worse with a raunchy appearance on "The Howard Stern Show," where he talked explicitly about dalliances with Olivia Munn and Lindsay Lohan. But apparently the organization has decided to take it one step further: He's "voluntarily" stepping down (as first reported by THR.com), which sounds an awful lot like being canned.

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