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Oscars in diversity row

Following an outcry over the all-white roster of actors nominated for this year's Oscars, the president of the film academy said she was heartbroken by the lack of diversity and working to implement change. "This is a difficult but important conversation, and it's time for big changes," Cheryl Boone Isaacs, president of the Academy of Motion Picture Arts and Sciences, said in a statement.

Isaacs said that while it was important to acknowledge the work of the actors nominated for the awards being given out on February 28, she was "both heartbroken and frustrated about the lack of inclusion." Earlier, filmmaker Spike Lee and actress Jada Pinkett Smith said they would boycott the Oscars ceremony because of the all-white slate of actors. Their nomination last week set social media abuzz with the hashtag #OscarsSoWhite.

Isaacs, who is black, has pushed for more diversity in the Academy's ranks since her election in 2013. But she acknowledged in her statement that "change is not coming as fast as we would like

The Academy has some 6,000 members, all of whom work in the film industry and are elected by their peers for life. According to a 2012 study by the Los Angeles Times, nearly 94 percent of the Academy voters are white and mostly male. The Times found that blacks account for two percent of the Academy and Latinos are less than two percent. Oscar voters have a median age of 62, the Times study showed, and people younger than 50 constitute 14 percent of the membership.

Among those overlooked for an Oscar nomination this year were Idris Elba, who earned rave reviews for his role as an African warlord in "Beasts of No Nation,", Will Smith for the sports drama "Concussion," and Michael B. Jordan for the "Rocky" sequel "Creed." The director of critically acclaimed "Straight Outta Compton," a biopic about the rap group N.W.A, was also snubbed.

Last year, the Academy also came in for heavy criticism over the lack of diversity among the Oscar winners.

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