Singer signed a $10 million deal with Millennium Films to direct a reboot of the '80s fantasy epic.
Despite a blockbuster report from The Atlantic alleging years of sexual assault by Bryan Singer, Millennium Films are still pushing ahead with a reboot of 'Red Sonja' directed by him.
In a press statement released last night, Avi Lerner - the CEO of Millennium Films - said that "(the) over $800 million 'Bohemian Rhapsody' has grossed, making it the highest grossing drama in film history, is testament to (Bryan Singer's) remarkable vision and acumen."
"I know the difference between agenda driven fake news and reality, and I am very comfortable with this decision. In America people are innocent until proven otherwise," Lerner's statement read.
The report by The Atlantic detailed a litany of alleged incidents of sexual abuse and assault, with one of the accusers being just 13 years old when Singer was alleged to have assaulted him. The report took over 12 months to write, research and corroborate. Singer has denied the report, stating that it was "vendetta journalism" and "a homophobic smear piece."
In light of The Atlantic's report, 'Bohemian Rhapsody' has been pulled from this year's GLAAD (Gay & Lesbian Alliance Against Discrimination) Media Awards over the accusations against Singer, and there is growing concern that it will severely impact its chances at this year's Oscars.
The social welfare organisation Time's Up issued a statement damning Singer, adding that "(those) who hire alleged abusers must recognize that these decisions not only subject their employees to possibly unsafe working conditions, but also perpetuate a broken system that rewards powerful people and allows them to act without consequence."