Comedian Louis C.K. says allegations of sexual misconduct made against him are true.

"These stories are true. At the time, I said to myself that what I did was OK because I never showed a woman my dick without asking first, which is also true. But what I learned later in life, too late, is that when you have power over another person, asking them to look at your dick isn't a question. It's a predicament for them. The power I had over these women is that they admired me. And I wielded that power irresponsibly," he said in a statement issued midday Friday.

Earlier Friday, distributor The Orchard said it was dropping C.K.'s latest film and Netflix cancelled an upcoming comedy special, following a report about sexual misconduct by the comedian in the New York Times.

"The Orchard will not be moving forward with the release of I Love You, Daddy," the indie film company announced in a terse statement on Friday morning.

The film's New York premiere was suddenly cancelled on Thursday. I Love You, Daddy had been set for theatrical release on Nov. 17. 

Also on Friday, Netflix said it will not produce a second planned stand-up special starring the comedian, citing "unprofessional and inappropriate behaviour." 

He had been tapped for two specials, with the first airing in April. At least five of the comedian's stand-up specials remain on Netflix. 

The two announcements come a day after C.K. was accused of sexual misconduct by several female comedians and actresses, including masturbating in front of them, in a New York Times report.

He has already been edited out of the upcoming HBO benefit Night of Too Many Stars and his work is being scrubbed from the cable network's vaults.

Louis C.K. allegations put spotlight on harassment in comedy3:28