NFT

Miramax files a lawsuit against Tarantino for his "Pulp Fiction" NFTs

A few weeks ago, famed director Quentin Tarantino announced that he was selling NFTs of seven previously-unseen clips from his film, "Pulp Fiction". In addition to these new scenes, Tarantino is also including excerpts from the original, handwritten script for "Pulp Fiction", and exclusive commentary from the writer/director himself. The NFTs were to be auctioned on OpenSea, with the NFTs being built on Secret Network — a blockchain that focuses on privacy.

However, that all came to a halt when Miramax, the company that holds the intellectual property (IP) rights to the film filed a lawsuit against Tarantino. It turns out, unlike the James Bond NFTs released in September, the studio had no involvement with Tarantino’s NFT plans.

Upon learning of Tarantino’s plans, the studio sent a cease-and-desist letter to Tarantino. The director, however, did not stop his plans, claiming that he had Reserved Rights on the film. Miramax was then forced to file the lawsuit, stating that “Tarantino's conduct could mislead others into believing Miramax is involved in his venture." 

This group chose to recklessly, greedily, and intentionally disregard the agreement that Quentin signed instead of following the clear legal and ethical approach of simply communicating with Miramax about his proposed ideas," Bart Williams, an attorney representing Miramax, told CNN Business. He also mentioned that Miramax had its own plans to release NFTs and that Tarantino’s actions could undermine the value of these planned NFT releases.

The right to an NFT has always been a contentious subject ever since the technology blew up earlier this year. Artists, especially those who focused on creating digital art, found that many of their work was being minted and sold without their approval. In a sense, this case is a bigger version of these artists’ dispute. While these artists might not have the resources to legally stop the thievery from happening, Miramax does. The result of this case may very well shape how we legally view the ownership of a digital asset.


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