In a recent turn of events, Kevin Spacey has agreed to pay $1 million to MRC, the production company behind 'House of Cards,' in order to settle the sexual harassment claims made against him by young male staffers on the show. The allegations led to Spacey's removal from the final season of the popular television series in 2017. Prior to this settlement, Spacey faced a potential $31 million judgment, as an arbitrator had deemed the allegations credible and ruled in favor of MRC, stating that they deserved to recoup their costs of scrapping the final season and rebuilding it without Spacey.
Under the terms of the agreement, Spacey will make payments over several years, with each installment being equal to 10% of his after-tax income. Additionally, Spacey has committed to cooperating with MRC in their efforts to recover the remaining balance of their costs through their insurance company. MRC had filed a lawsuit against Fireman's Fund and Lloyd's of London in April 2022, arguing that Spacey's absence from the show was covered by their cast insurance policies. Cast insurance is typically obtained by productions to protect themselves in the event that a key actor becomes unable to perform due to illness or other circumstances.
