EXCLUSIVE: Harvey Weinstein to Be Roasted by Friars Club: 'It's an Honor'

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Legendary Hollywood producer Harvey Weinstein is getting in the hot seat to be roasted by the Friars Club.

"It’s an honor the Friars Club has deemed me worthy of roasting," Weinstein said in a statement to ET. "I’m looking forward to a memorable lunch with friends and colleagues – many of whom I’m sure have been waiting for this day – but I’m truly flattered."

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The Friars Club celebrity roasts are a century-old tradition that has honored some of the most celebrated and successful show business icons. And, while some of the jokes can sting, the Friars have always held true to a simple motto: "We only Roast the ones we love."

"Harvey truly is a giant among giants and I am absolutely delighted that he has accepted our most heartfelt honor: the Friars Roast,” said the Friars Club's Abbot, Jerry Lewis.

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The 64-year-old film producer -- known for founding the indie studio Miramax Films with his brother, Bob, in 1979 before launching The Weinstein Company in 2005 -- is only the second film producer to get a Friars Club roast in over 112 years, sharing the honor with MGM founder Louis B. Mayer.

Weinstein's Roast will be held on Nov. 4 at the Hilton Hotel in New York City during this year's New York Comedy Festival.

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