The management company made the decision not to represent The Ranch star amid accusations that Masterson raped four women.
While Masterson has been written out of The Ranch, the future as an executive producer on The Ranch remains unresolved.
Since the reports have surfaced, the actor has denied all rape accusations and has claimed all sexual encounters were consensual.
At first, there seemed to be no action taken by Netflix with regards to the accusations against Masterson.
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