According to a report in The Blast, Spacey's contract does not have an morality clause, meaning that the streaming giant cannot terminate the star's services for his personal actions.
A source said Spacey's contract can only end if he is "unavailable or incapacitated" to perform his duties.
Also Read
The rep added they will not move forward with "Gore," a biopic on the American writer Gore Vidal, featuring Spacey in the title role.
The series was in its post-production phase.
Actor Anthony Rapp had accused Spacey of sexual misconduct, when he was just 14.
Production on the sixth and last season of the Netflix series, in which the actor plays the lead of Frank Underwood, has since been suspended.
Earlier, the streaming service released a statement, saying said it was "deeply troubled" by Rapp's allegation.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)