Film starring Kevin Spacey to be released in August

The film is about young wealthy men in Los Angeles who run a Ponzi scheme

FILE - In this June 11, 2017 file photo, Kevin Spacey arrives at the 71st annual Tony Awards at Radio City Music Hall in New York. Spacey, accused of sexual misconduct or assault by at least 24 men, was erased from “All the Money in the World” and booted from “House of Cards,” but a movie starring the disgraced actor is going forward with a summer release. Vertical Entertainment announced that it will release “Billionaire Boys Club” on video-on-demand on July 17 and in theaters August 17.  (Photo by Evan Agostini/Invision/AP, File)
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Kevin Spacey was erased from All the Money in the World and booted from House of Cards, but a movie starring the disgraced actor is going forward with a summer release.

Vertical Entertainment announced that it will release Billionaire Boys Club on video-on-demand on July 17 and in theatres August 17. The film is about young wealthy men in Los Angeles who run a Ponzi scheme. It stars Ansel Elgort, Taron Egerton and Spacey.

Billionaire Boys Club was shot in 2015, before Spacey was accused last autumn of sexual assault and inappropriate behaviour by numerous people.

"We don't condone sexual harassment on any level and we fully support victims of it," the film distributor said in a statement. "At the same time, this is neither an easy nor insensitive decision to release this film in theatres, 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."

Other companies have elected to remove Spacey entirely from their productions.

After shooting was completed but before the film was released, Sony Pictures and director Ridley Scott chose to reshoot large parts of All the Money in the World with Christopher Plummer in Spacey's role. House of Cards producer Media Rights Capital, opted to move forward with a sixth and final season of House of Cards, but without Spacey. Netflix scrapped a Gore Vidal biopic starring Spacey.

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