Watch: Netflix Takes Big Loss Over Kevin Spacey Scandal

'House of Cards' star's firing cost company $39M
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Netflix reported its Q4 earnings Tuesday and the streaming giant took a big hit from parting ways with Kevin Spacey.

Spacey, who starred in Netflix's political drama House of Cards, was accused last year of sexual misconduct and subsequently removed from the show.

The company's decision did not come cheap, costing a reported $39 million.

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