Kevin Spacey cost Netflix $39 million

Kevin Spacey poses at the premiere for

Kevin Spacey poses at the premiere for"House of Cards in Los Angeles California

The company revealed a $39 million write down related to content that it will no longer move forward with.

Outside Netflix, Spacey's misconduct also cost the Ridley Scott film All the Money in the World, with studio Imperative Entertainment forced into a $US10 million ($12.5 million) reshoot - and an embarrassing gender pay-gap debate - with Christopher Plummer being brought in to replace Spacey. Bloomberg reported that the company fired Kevin Spacey from House of Cards and also cancelled a planned movie after his accusations of sexual misconduct. The scandal badly affected other companies in Hollywood.

"House of Cards" gave Netflix an early win for original programming when the political drama debuted in 2013.

House of Cards will now end after season six and Spacey's character Frank Underwood has been written out of the show. Shortly after the Spacey scandal broke in October, Netflix announced that the sixth season of the show would be the last.

Netflix declined to publish another movie with him - the Gore, in which Spacey co-produces and plays the role of writer Gore Vidal.

Actor Anthony Rapp told BuzzFeed in October about an alleged encounter with Spacey at a party in 1986, during which he said Spacey made a sexual advance toward the then 14-year-old Rapp.

Netflix earnings rose significantly from a year ago as the company shot past estimates set by Wall Street.

Spacey, who is receiving unspecified treatment at a rehab centre in Arizona, is now facing three police investigations for alleged sexual assaults in London.

Netflix on Monday reported signing up 8.33 million new streaming customers in the final quarter of past year, 2 million more than analysts expected, sending its shares up in after-the-bell trade more than 7pc to a record high.

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