Update: House of Cards' production company, Media Rights Capital, has released a statement in regards to the Netflix show, following Netflix's own statement on Friday night about cutting ties with Kevin Spacey.
“While we continue the ongoing investigation into the serious allegations concerning Kevin Spacey’s behavior on the set of House of Cards, he has been suspended, effective immediately," the statement obtained by ET read, "MRC, in partnership with Netflix, will continue to evaluate a creative path forward for the program during the hiatus.”
Netflix is parting ways with Kevin Spacey.
“Netflix will not be involved with any further production of House of Cards that includes Kevin Spacey," a spokesperson for the network told ET in a statement on Friday. "We will continue to work with 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," the statement added.
The news comes as producers were in crisis mode after allegations of sexual assault and misconduct against Spacey arose last week and were supposedly considering killing off the actor's character to focus on Robin Wright's Claire Underwood in the upcoming sixth and final season of the drama, Variety reports.
RELATED: Kevin Spacey Faces New Allegations of Sexual Misconduct by 'House of Cards' Crew and Others
According to the outlet, producers at Media Rights Capital are worried about moving forward with Spacey after a CNN report on Thursday claimed that he made the House of Cards set a "toxic environment," and they don't want to penalize the 300 cast and crew members for the scandal surrounding Spacey.
ET reached out to Netflix for comment earlier in the day regarding the Variety report, and they maintained a similar statement, saying they will "continue to work with MRC during this hiatus time to evaluate our path forward as it relates to the production, and have nothing further to share at this time."
Production on House of Cards was shut down this week amid the allegations against Spacey, who also serves as executive producer on the series.
On Friday, Buzzfeed News came forward with stories of three new accusers claiming to have been targets of Spacey's alleged inappropriate sexual conduct.
See more on Spacey in the video below.