Summarize this content to 100 words “I’m sure you all remember we experienced an unprecedented event at the Oscars,” Yang said at the annual luncheon to celebrate those vying for a statuette, per Variety. “What happened onstage was fully unacceptable and the response from our organization was inadequate. We learned from this that the Academy must be fully transparent and accountable in our actions, and particularly in times of crisis you must act swiftly, compassionately and decisively for ourselves and for our industry. You should and can expect no less from us going forward.”In a moment that will be forever etched in pop culture infamy, Smith slapped Rock across the face for joking about Jada Pinkett Smith’s hair loss. Smith also profanely warned Rock not to mention his wife’s name again. He was allowed to stay in the auditorium, and later won the best actor Oscar for “King Richard.”Yang’s sentiments to a luncheon full of luminaries, including Tom Cruise of “Top Gun: Maverick,” partially echoed an academy statement issued with the ban that called Smith’s actions “unacceptable and harmful” and said the academy did “not adequately address the situation.”“We fell short ― unprepared for the unprecedented,” the organization’s leadership said in April. The Oscars air live on March 12.

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