HOLLYWOOD legend Woody Allen is suing Amazon Studios for £50m for allegedly pulling out of a movie deal amid claims he molested his adopted daughter.

Dylan Farrow publicly claimed last year that the comedian abused her as a seven-year-old in 1992.

Allen hit out at the "discredited" claim in his lawsuit against the streaming giant - which pulled out of a deal to screen "A Rainy Day In New York" after Dylan's bombshell interview.

The writ blasts: "Amazon has tried to excuse its action by referencing a 25-year-old baseless allegation against Mr. Allen, but that allegation was already well-known."

The director was previously investigated over the claim he molested Farrow in the attic of her Connecticut home in 1992 when she was seven, but was never charged.

And he insisted Farrow had been coached by her “angry” mum Mia to make the allegations after her and Allen’s “contentious break-up”.

Farrow went into graphic detail last June over the alleged abuse in the harrowing interview.

She told CBS: “He instructed me to lie down on my stomach and play with my brother's toy train that was set up.

“And he sat behind me in the doorway, and as I played with the toy train, I was sexually assaulted.

“As a seven-year-old I would say, I would have said he touched my private parts.

“As a 32-year-old, he touched my labia and my vulva with his finger.”

When a clip from a 1992 "60 Minutes" interview of Allen denying the allegation was played, Farrow began crying.

She said: "He's lying, and he's been lying for so long. And it's difficult for me to see him and hear his voice."

Allen claims the studio backed out after discussing "the negative publicity and reputation harm Amazon Studios had received because of allegations".

Amazon Studios Associate General Counsel Ajay Patel said the deal became “untenable” because of “supervening events, including renewed allegations against Mr. Allen, his own controversial comments, and the increasing refusal of top talent to work with or be associated with him in any way, all of which have frustrated the purpose of the agreement."