Kevin Spacey film 'Billionaire Boys Club' to hit theaters in August

“Billionaire Boys Club,” starring disgraced Hollywood actor Kevin Spacey, is slated to hit theaters in August.

Spacey, a two-time Academy Award winner, has been absent from the big screen following a slew of sexual misconduct allegations brought against him. Actor Anthony Rapp was the first the accuse him in October 2017, telling BuzzFeed News that Spacey allegedly made a sexual advance toward him when he was 14 years old.

Spacey was fired from his lead role on the hit Netflix series “House of Cards” and written out of the show’s final season. He was also replaced in Ridley Scott’s “All the Money in the World” by Christopher Plummer.

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Vertical Entertainment, the distributor of “Billionaire Boys Club,” told The Wrap the film would have a limited release in theaters starting on Aug. 17. The movie was shot before the sexual misconduct allegations came to light.

“We hope these distressing allegations pertaining to one person’s behavior — that were not publicly known when the film was made almost 2.5 years ago — do not tarnish the release,” Vertical Entertainment told The Wrap in a statement.

“We don’t condone sexual harassment on any level and we fully support victims of it. At the same time, this is neither an easy nor insensitive decision to release this film in theaters, but we believe in giving the cast, as well as hundreds of crew members who worked hard on the film, the chance to see their final product reach audiences,” the statement continued.

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The distributor said it “hoped audiences make up their own minds as to the reprehensible allegations of one person’s past, but not at the expense of the entire cast and crew present on this film.”

The film also stars Ansel Elgort, Emma Roberts and Taron Egerton. The movie was directed by James Cox. The film chronicled a true story about “a group of wealthy boys in Los Angeles during the early 1980s establish a ‘get-rich-quick’ scam that turns deadly,” according to IMDB.