3:30 p.m. ET - Cosby's mug shot has been released.
2:50 p.m. ET - Cosby was arraigned Wednesday afternoon. He was released on $1 million bail, according to court paperwork. His preliminary hearing is scheduled for Jan. 14.
2:45 p.m. ET - Cosby arraigned on sex assault charges, will remain free on bail pending trial.
2:35 p.m. ET - Cosby has arrived at court for his arraignment.
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Original story: Comedian and actor Bill Cosby has been charged with aggravated indecent assault, prosecutors announced Wednesday morning.
It is a felony.
He was expected to be arraigned at 4 p.m. ET today. But that was pushed up to 2:30 p.m. ET.
The charge stems from new information that came to light earlier this year, First Assistant District Attorney Kevin Steele announced during the news conference.
Steele said Cosby provided the victim, Andrea Constand, pills and wine, "the effect of which rendered her unable to respond to his advances, and he committed aggravated, indecent assault upon her."
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Constand first reported the assult to Cheltenham, Penn., police in 2005, saying he drugged and assaulted her in 2004, The Inquirer reported. She was working as an operations manager for Temple University's women's basketball team.
She released a statement through her attorney about today's developments.
Montgomery County officials investigated, but decided not to go further with the case, citing a lack of evidence.
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Cosby was the focus this year of dozens of sexual assault accusations after comic Hannibal Buress called him a rapist in his act more than a year ago.
District Attorney Risa Vetri Ferman reopened the Constand case this summer after more than 50 women came forward with similar accusations, The Inquirer reported.
Pennsylvania has a 12-year statute of limitations for felony sex crimes. Prosecutors had until January to file charges based on Constand's claims.
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