Louis CK on sexual misconduct allegations: 'These stories are true'

He is alleged to have masturbated in front of several female associates.
2:23 | 11/10/17

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Transcript for Louis CK on sexual misconduct allegations: 'These stories are true'
Comedian Louis CK today admitting that the stunning sexual misconduct allegations against him. Are true he released an extensive apology today but the fallout may be beyond repair for his career. Entertainment reporter sandy Kenyon here now with the latest. And it gave Louis CK he's written apology confirms the detailed accusations made against him by the women in the New York Times and the star says he can. Hardly wrapped his hand around the scope of hurt brought on them. Since the story broke yesterday afternoon his career has been in free fall. We're than none at one. Louie CK built a career by pushing boundaries but his actions offstage have horrified and hands and everyone else who learned that what happened. The New York Times reported numerous instances of sexual misconduct. Louie CK was accused of exposing himself and touching himself in front of four women. Dating back within a decade and a fifth says he committed a sexual act while on the phone with her. He's written apology states the power I had over these women is that they admired me and I wielded that power irresponsibly. The comic admits his status as a star prevented them from being able to share their story adding. I learned yesterday the extent to which I let these women who admired me feeling badly about themselves and cautious around other main. Louie CK cleaned. His position allowed him not to think about what he had done. But he says now there is nothing about this that I forgive myself for. And I have to reconcile it with YEM. Which is nothing compared to the task I left them. His new movie has been pulled from release his TV series are on hold and for all those affected more apologies. I've brought in to my family my friends my children and their mother he writes. I've spent my long and lucky core we are talking and saying anything I want. I will now step back and take a long time to list. Louie CK also says he has felt remorse over his actions in the past but has also tried to run from that. Star insisting now he is aware of the impact of those actions.

This transcript has been automatically generated and may not be 100% accurate.

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