Quentin Tarantino sued over Pulp Fiction NFT

[Queen Bitch 10,513]

Film studio Miramax is suing director Quentin Tarantino over plans to release non-fungible tokens (NFTs) based on his 1994 film, Pulp Fiction.

Tarantino announced plans earlier this month to release seven NFTs based on the film, including scenes from an early script that were cut from the final version. The NFTs will also contain Pulp Fiction art and commentary from Tarantino himself. Miramax says that it sent a cease-and-desist letter to the director after the announcement, to no avail. The studio claims that it is in discussions about forging NFT partnerships based on its library of films and that Tarantino’s agreement devalues those efforts.

“Tarantino’s conduct has forced Miramax to bring this lawsuit against a valued collaborator in order to enforce, preserve, and protect its contractual and intellectual property rights relating to one of Miramax’s most iconic and valuable film properties,” the company wrote in its lawsuit. “Left unchecked, Tarantino’s conduct could mislead others into believing Miramax is involved in his venture. And it could also mislead others into believing they have the rights to pursue similar deals or offerings, when in fact Miramax holds the rights needed to develop, market, and sell NFTs relating to its deep film library.”

The “Tarantino NFT Collection” is being launched in partnership with SCRT Labs and the Secret Network, which are trying to create a new type of NFT with “secret” content embedded within it. The Pulp Fiction NFTs would have a publicly viewable portion as well as content (including the previously unseen script sections) only visible to the owner.

According to a copy of Tarantino’s contract with Miramax for Pulp Fiction, the director retained some rights to the film, including “soundtrack album, music publishing, live performance, print publication (including, without limitation, screenplay publication, ‘making of’ books, comic books and novelization, in audio and electronic formats as well, as applicable), interactive media, theatrical and television sequel and remake rights, and television series and spinoff rights.”

https://www.hollywoodreporter.com/movies/movie-news/quentin-tarantino-sued-pulp-fiction-nft-1235048725/?fbclid=IwAR3rS0CMXB1n5Zuw9-gdD2xmvoXhJeLBw4GiY2_AEEjO1eOSpwPRZciBR8U

[RAMROD 109,707]

It's the greed for me. Why Quentin?? 

[PopEmergency 2,201]

seems like his contract allows him to do it 

 

[weed 73,926]

NFT kind of seems like "Interactive Media" ? It's a brand new medium lol so I wonder how it'll work out.