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James Franco Being Erased From Vanity Fair Cover Was Reportedly "Kick to the Gut" for the Actor

James Franco is reportedly "not in a good place" at the moment.

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James Franco at the 24th Annual Screen Actors Guild Awards.
Image via Dimitrios Kambouris/Getty Images
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Vanity Fair's decision to remove James Franco from their annual Hollywood issue is just the latest development in his downward spiral following several sexual misconduct allegations. A source toldET that the removal was a major "kick in the gut" for Franco.

"He was supposed to be on this cover with all these Hollywood icons," the source said. "It's a very momentous moment. Opportunities like this don't come around often. The cover was shot months ago, but I don't know when they decided to remove him. James knew he was being cut as soon as the story [about his inappropriate behavior] broke. He'd been bracing for the fallout."

Before the allegations became public, a source close to Franco told ET that the 39-year-old actor felt as though he was "on top of the world" with awards season just around the corner. The excitement only grew when Franco won Best Actor in a Musical or Comedy at this year's Golden Globes for his portrayal of Tommy Wiseau in The Disaster Artist, a film he also directed and produced. Then it all came crashing down; the allegations came immediately after.

"He's not in a good place," the source said. "They're watching him around the clock. He's really struggling." Franco was also notably left off of the Best Actor Academy Award race.