Netflix notably booted Kevin Spacey from his role on House of Cards and cut ties with Louis C.K. following the sexual misconduct allegations against the two. While Netflix didn't specifically cite the two decisions, the streaming giant did say that it lost out on $39 million from their forth quarter earnings because of "unreleased material," according to Bloomberg.
To recap, Spacey was swiftly axed from his lead role on House of Cards following a myriad of sexual misconduct and assault allegations. The streaming giant also canceled a Gore Vidal biopic in which Spacey was set to star while it was already in post production.
Netflix also shelved a Louis C.K. standup special after the New York Times published sexual misconduct allegations from five women, claims that he later admitted to. In similar fashion, production on season three of The Ranch was halted after multiple rape allegations against Danny Masterson caused Netflix to fire him from the show. Netflix said production would resume in early 2018 without him.
The financial loss didn't hurt Netflix's bottom line all that much. The company reported a record growth of 8 million subscribers in last year's Q4. This is partly due to expansion in their international customer base and the unwavering popularity of Netflix originals like Orange Is The New Black and Stranger Things.