Manager Quentin Tarantino is being sued by film studio Miramax over the release of NFT’s for his 1994 classic film Pulp Fiction. Earlier this month, Tarantino and the Secret Network announced that seven secret NFTs are based on Pulp Fiction being released, including scenes cut from the movie. In addition, those who purchase the NFTs will also receive exclusive access to extras, including comments from Tarantino and art. The assets will be unique and will only be visible to the owner of the NFT.
The movie Pulp Fiction was released by Miramax, who have their own plans to release NFTs to the function, claiming that Tarantino does not have the rights to release the NFT line and that his team added targets for the line following a termination-and-waiver letter was sent.
Part of Miramax’s lawsuit is as follows:
“Tarantino’s conduct has forced Miramax to sue a valued business partner to enforce, preserve and protect its contractual and intellectual property rights in respect of one of Miramax’s most iconic and valuable film properties,” it said. “Unchecked, Tarantino’s conduct may mislead others into believing that Miramax is involved in his venture. to develop, market and sell NFTs related to its deep film library. “
In a statement, Bart Williams, a partner at Proskauer Rose LLP, which represents Miramax in the trial, had this to say: “This group chose ruthlessly, greedily and deliberately to ignore the agreement that Quentin signed instead of following the clear legal and ethical approach with mere to communicate with Miramax about his proposed ideas.This one-time effort devalues the NFT rights to Pulp Fiction, which Miramax intends to maximize through a strategic, comprehensive approach. ”
Tarantino’s lawyers have said the director has “Reserved Rights” and the rights to publish his own script. Tarantino and Miramax have collaborated on several films, including Reservoir Dogs, Jackie Brown, Kill Bill: Volume 1 and Volume 2. It will be interesting to see how this turns out, as this can be a milestone for who owns the rights to distribute NFTs in the future.
And why ‘The Thing’ is one of the few films that scares him.
About the author
Disclaimers for mcutimes.com
All the information on this website - https://mcutimes.com - is published in good faith and for general information purpose only. mcutimes.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (mcutimes.com), is strictly at your own risk. mcutimes.com will not be liable for any losses and/or damages in connection with the use of our website.