Netflix loses and writes off a whopping $39 million in content because of Kevin Spacey's sexual harassment scandal and other sex predators.

When Netflix announced its 4th quarter earnings of 2017 late on Tuesday, the global video streaming service also revealed that it wrote off a whopping $39 million in content it commissioned and that were in stages of being produced, but that Netflix won't be showing anymore.

Netflix said the R39 million write-down was related to content "we've decided not to move forward with".

Netflix CFO David Wells said the write-down of $39 million was "related to the societal reset around sexual harassment" and that Netflix never "had one of this magnitude".

Part of this $39 million is very clearly the scandalous fallout of the sexual predator Kevin Spacey who was fired from House of Cards' 6th season and the show that has also been cancelled and the season reduced from 13 to just 8 last episodes.

Seasons of House of Cards in South Africa is broadcast on M-Net (DStv 101) that acquired the broadcasting rights to this show and Orange is the New Black from Netflix.

Then there's also at least one Kevin Spacey project that Netflix abandoned as well, the biographical Gore Vidal movie in which Kevin Spacey would have appeared.

Netflix also dumped the alleged sex predator Louis CK who was to film a second stand-up special for Netflix after sexual misconduct charges in November 2017.

Netflix also suspended production on the 3rd season of The Ranch after Danny Masterson left the show after rape accusations were made against him. Production will resume without him in a few weeks' time.

Netflix fires sex predator Kevin Spacey from House of Cards seen on M-Net; final 6th season might never be completed.

Netflix has fired the alleged sex predator Kevin Spacey from its House of Cards drama series seen in South Africa and Africa on M-Net (DStv 101).

Kevin Spacey is fired if House of Cards, now riddled with sex abuse scandal, were to continue with completing production on its 6th season.

Production was abruptly shut down earlier this week after several men - former and current production staffers - came forward and told of how Kevin Spacey allegedly sexually assaulted, harassed and groped them over a number of years. This was first reported by CNN.

House of Cards was midway through filming the 3rd episode of the 6th season that would be its last - if even completed - after House of Cards was also abruptly cancelled by Netflix following the Kevin Spacey sex abuse scandal.

The alleged sex predator - now publicly gay - was also dropped by his agent and publicist who.

In a statement Netflix says "Netflix will not be involved with any further production of House of Cards that includes Kevin Spacey".

"We will continue to work with production company Media Rights Capital (MRC) during this hiatus time to evaluate our path forward as it relates to the show​."

"​We have also decided we will not be moving forward with the release of the film Gore, which was in post-production, starring and produced by Kevin Spacey."

In a separate statement MRC says "while we continue the ongoing investigation into the serious allegations concerning Kevin Spacey's behaviour on the set of House of Cards, he has been suspended, effective immediately".

"MRC, in partnership with Netflix, will continue to evaluate a creative path forward for the program during the hiatus."

House of Cards cancelled at Netflix, production abruptly suspended after Kevin Spacey, 'now gay', responds to allegations of being a sexual predator.

American presidential drama House of Cards got abruptly cancelled by Netflix and production of the 6th season currently being filmed abruptly suspended, with the news coming after actor Kevin Spacey, now gay, responded to allegations against him as a sexual predator.

Kevin Spacey decided to say he's gay after actor Anthony Rapp seen in the sister Netflix show Star Trek: Discovery, accused Kevin Spacey of pushing him onto a bed, climbing on top of him and laying down on him when he was 14 years old in 1986.

Anthony Rapp pushed Kevin Spacey off of him and ran to the bathroom.

In a bizarre public statement Kevin Spacey decided to both say that he's now "choosing to live as a gay man" - announcing a long-know Hollywood insiders' secret - but also refusing to admit to Anthony Rapp's accusation, rather saying "if I did what he describes, I owe him the sincerest apology for what would have been deeply inappropriate drunken behaviour".

If Kevin Spacey did what Anthony Rapp claims, then Kevin Spacey's actions are not that of "inappropriate drunken behaviour" but of a sex predator and abuser.

In a statement Netflix and House of Cards producer Media Rights Capital said they're "deeply troubled" by the sexual harassment claims against Kevin Spacey who is also an executive producer of House of Cards.

"In response to last night's revelations, executives from both of our companies arrived in Baltimore this afternoon to meet with our cast and crew to ensure that they continue to feel safe and supported. As previously scheduled, Kevin Spacey is not working on set at this time."

In another statement, House of Cards announced that production has been suspended indefinitely after the sex predator allegations surfaced.

"MRC and Netflix have decided to suspend production on House of Cards season six, until further notice, to give us time to review the current situation and to address any concerns of our cast and crew."

In South Africa and across Africa House of Cards is not shown on Netflix but on M-Net (DStv 101) and the subscription video-on-demand (SVOD) service Showmax.

The 6th and final season of House of Cards, currently in production will be broadcast in 2018.

The now extremely damaged show was one of Netflix's most successful series. House of Cards won 53 Primetime Emmys since it started in 2013, including a Golden Globe win in 2015 for Kevin Spacey for Best Actor in a drama series.

It's now very likely that Netflix will cancel the film Gore, set to star Kevin Spacey, about the author Gore Vidal, as Netflix will move try to swiftly distance itself as far as possible from the accused sexual predator.

BREAKING. M-Net grabs Netflix American drama House of Cards with Kevin Spacey; set to start on 8 November at 21:30.

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M-Net has grabbed the Netflix, made-for-the-internet, American drama House of Cards which I can reveal will start on the South African pay-TV broadcaster on 8 November at 21:30 for 13 episodes.

A second season of the political drama series with Kevin Spacey is currently in production.

In America House of Cards was only streamed over the internet but South Africa will be able to see the web television show in high definition (HD) on TV.

The drama was nominated for 14 Emmys including best drama and best lead actor and as viewers saw Kevin Spacey do during the Emmy Awards broadcast, he often turns directly towards the camera, breaks the fourth wall and give commentary straight to the viewer.

In the web television drama Kevin Spacey plays a politician in Washington exacting sweet revenge after he is passed over for the position of secretary of state.