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Here’s Why The Slap Will Destroy Will Smith’s Bank Account

The slap seen around the world was heinous. But by the next morning, it was clear: the reverberations of that slap would be echoing through Hollywood for quite some time.

Not simply in the shape of writings and declarations, however. Smith announced last Friday that he was quitting from the Academy, stating:

“My actions at the 94th Academy Awards presentation were shocking, painful, and inexcusable. The list of those I have hurt is long and includes Chris, his family, many of my dear friends and loved ones, all those in attendance, and global audiences at home.”

And now, as the incident is officially one week in the rearview, Smith is starting to see tangible repercussions following his actions at the Academy Awards—as in, ones that are going to hurt his bottom line. Smith’s upcoming Netflix film Fast and Loose has reportedly slowed production, per The Hollywood Reporter.

The film, which had already lost its director prior to Smith’s altercation, was supposedly reprioritized following the Oscars. (It’s not hard to imagine that it would be ramped up in priority had the evening passed without Smith’s outburst.) Smith was set to star in the film, which told “the story of a crime boss who loses his memory after an attack.”

This announcement follows the derailment of another of Smith’s ventures. According to The Hollywood Reporter, Smith recently received the first 40 or so pages of the script for Bad Boys 4, but work has been halted for the time being.

Watch the video below to see even more bad news for Smith:

Read the entire article here: www.msn.com

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