The 58-year-old, who had a distinguished role in Ridley Scott’s All The Money In The World, has been mired in allegations of passionate misconduct.
Christopher Plummer is now being lined up to play the role of billionaire John Paul Getty, and all of Spacey’s scenes are going to be reshot.
The unusual magnitude came as fresh allegations were done against the American Beauty star, who has now been accused of plying a teen with drinks and grabbing his genitals.
Spacey has not been arrested or charged with any crime.
Sony Pictures has also cold the film from the American Film Institutes (AFI) annual festival in Los Angeles, which is due to start on 16 November.
All The Money In The World, which had finished post-production and was being trailed in cinemas and online, had been approaching to open in the US on 22 December.
Scott is reportedly formulation to keep this recover date – and the film’s co-stars, Mark Wahlberg and Michelle Williams, are approaching to be concerned in the reshoots.
Variety repository reported that Spacey had been concerned in about two weeks of filming, including several scenes in which he was the only actor on screen.
Netflix says it will no longer be concerned with Spacey’s hit show House Of Cards and will not recover a film in which he plays Gore Vidal.
At the finish of October, actor Anthony Rapp had accused Spacey of sexually assaulting him when he was 14.
Since then, other allegations have surfaced, and the Oscar-winning star pronounced he is seeking “evaluation and treatment“.
The latest allegations come from Heather Unruh, who pronounced her “star-struck” son was bought “drink after drink” by the actor when he was at a bar in Nantucket, Massachusetts, in Jul 2016.
“Spacey stuck his palm inside my son’s pants and grabbed his genitals,” she claimed.