The actor told The Sunday Times that the child abuse is 'probably still happening'.
Allegations that top Hollywood figures have been protecting child abusers have circulated widely in recent years.
Several industry figures have been convicted following claims of sex abuse and a former child actor claimed he was 'surrounded' by molesters when he was a teenager.
Wood said that his mother protected him from abuse when he first arrived in Hollywood aged eight.
'I've been led down dark paths to realize that these things are probably still happening,' he said.
The actor believes that other actors remain in danger.
He added: 'If you're innocent, you have very little knowledge of the world and you want to succeed. Some people will see you as their prey. What upsets me about these situations is that the victims can't speak as loudly as the people in power.'
Wood was making reference about Jimmy Savile, a British entertainer who sexually abused dozens of victims over five decades. Savile was knighted by the Queen and his crimes were only revealed after his death, despite years of rumor and innuendo and led to allegations of a cover-up by government figures and broadcasting chiefs.
It is believed that around three quarters of child actors that 'went off the rails' later in their life had been abused in Hollywood.
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