After being publicly called out for getting back into business with Brett Ratner after at least six women accused him of sexual misconduct, Millennium Media has dropped the director’s planned Milli Vanilli biopic.

Millennium and Ratner’s RatPac Entertainment said Wednesday that Millennium “will not be selling the film at (the European Film Market) or be involved in the production,” but promised that this isn’t the end of the story for the lip-syncing duo.

“Multiple competitive bids and a group of private equity investors have emerged that are fully financing the movie to begin production shortly,” the statement read.

Neither party provided any details on the other bids or where the movie will go from here.

The news comes just days after Time’s Up slammed Ratner’s second chance in Hollywood.

“Time’s Up was born out of the national reckoning on workplace sexual harassment. Our movement is a product of countless courageous acts by many survivors, including those who spoke out about what they endured at the hands of Brett Ratner,” Tina Tchen, president and CEO of the Time’s Up Foundation, said in a statement Saturday.

“Not only did Ratner never acknowledge or apologize for the harm he caused, but he also filed lawsuits in an attempt to silence the voices of survivors who came forward — a tactic right out of the predator’s playbook. You don’t get to go away for a couple years and then resurface and act like nothing happened. We have not — and will not — forget. And Millennium Media shouldn’t either. There should be no comeback.”

Actresses Olivia Munn and Natasha Henstridge are among those who have accused Ratner of sexual misconduct.