Netflix reported a loss of $39 million last quarter — and The Liar (2014)it looks like it can thank Kevin Spacey for the bill.
The company announced the Q4 loss on Monday, citing "unexpected" costs due to "unreleased content." Chief Financial Officer David Wells gave another hint at the source of the revenue loss, saying it was, "related to the societal reset around sexual harassment." No one named names, but an unnamed CNN source confirmed the cause was "axed Kevin Spacey projects."
Following reports that Spacey had sexually harassed and assaulted employees on the set of House of Cardsin November, the streaming service announced it was severing ties with the actor. Production on the sixth season of the show was temporarily suspended, resuming after Netflix announced the final season would continue without its leading star.
Spacey was also slated to star in Gore, the Gore Vidal biopic they had planned with director TK. The disgraced actor also cost Imperative Entertainment $10 million, after Ridley Scott recast and reshot all of Spacey's scenes from All the Money in the World.
But Spacey wasn't the only accused sexual predator that could have been attributed to Netflix's write-down for "unreleased content." The streaming mogul also cut an upcoming Louis C.K. stand-up special after he admitted to assaulting five women. Four allegations of rape against Danny Masterson (from That 70s Show) also halted production on another Netflix Original, The Ranch. Like House of Cards, it is slated to resume filming without its lead actor.
SEE ALSO: Kevin Spacey's alleged predatory behavior shows why men rarely report sexual assaultIt's clear that, in the wake of the #MeToo movement, doing the right thing comes with an initial price tag. But a great way to avoid these kinds of costs in the future is, you know, not hiring serial predators in the first place, and creating stricter guidelines to ensure safe work environments.
Of course, monetary losses are the least of anyone's worries when you consider the cost to victims of abuse.
And let's be real: What Netflix has gained in making Robin Wright the new star of House of Cards' final eight episodes is priceless.
Topics Netflix
Polaroid reinvents its iconic camera at CES with PopMichelle Obama tears up during final speech as First LadyWhat to watch in esports: the first big tournaments of 2017Woman discovers sneaky seal hiding in her back gardenFlying give you 'the fear?' Here are the world's safest airlinesClarity promises to be Mint and Digit, combinedTrivial Pursuit may have gone a bit too hard on the 'find and replace' functionThis Albert Einstein robot is here to help kids learn scienceDonald Trump finally got a fact rightMeryl Streep, Tom Hanks, Solange and more attend the Obamas' farewell partyMen's body image campaigners staged an important protestThis Albert Einstein robot is here to help kids learn scienceTVs are getting so thin, it's like they're disappearingKim Kardashian's return continues and casts shade over KylieKim recalls the Paris robbery in this emotional 'Keeping Up With the Kardashians' trailerGorgeous iridescent umbrella tells you when it's supposed to rainEd Sheeran's new song is hiding in a Snapchat lensLondon police stop to help 'collapsed person,' get an odd surpriseDell Canvas gives you Surface Studio abilities without the luxury price tagDavid Bowie's son wants to find a home for a dog named after his dad The Lost Recordings of a Phantom Musician How accurate is Fitbit's calorie counting? You Wouldn’t Think Slipping on a Banana Peel Is Funny, But … Threads search is now widely available Update your iPhone now to fix this critical security flaw Hounded by fertility ads on Instagram? Don't let them stress you out. The Beauty of Code Ann Rachlin’s Story Time Four Poets Discuss Their Favorite Photographs The Jimmy Winkfield Stakes by Michael Lipkin Which dog tracker should I get? The Fi Series 2 vs. the Apple AirTag Love in a Cold Climate by Sadie Stein How to watch 'Elemental' on Disney+: release date, streaming deals, and more ‘Top Boy’ Season 5 confirms women have always been the stars The Morning News Roundup for December 16, 2014 The Morning News Roundup for December 11, 2014 Best Dyson deal: Dyson Supersonic Origin on sale for $299.99 How to make sure your Fitbit is counting steps correctly Reading Jacques Mesrine’s Autobiography SantaCON Is Coming, and We All Must Suffer
3.3139s , 10138.1484375 kb
Copyright © 2025 Powered by 【The Liar (2014)】,Information Information Network