Quentin Tarantino sued for upcoming Pulp Fiction NFT auction – Bitcoin News
The famous film director Quentin Tarantino was sued by Hollywood film producer and distribution company Miramax for auctioning a series of NFTs related to one of the director’s most popular films “Pulp Fiction”. The conflict lies in Miramax’s explanation from the initial contract between the various parts that NFT sales do not constitute the release of any part of the script.
Miramax sues Quentin Tarantino
Hollywood film company Miramax, Prosecute The acclaimed film director Quentin Tarantino is about to auction a series of Pulp Fiction-themed NFTs. Tarantino announced that it will auction a series of unprecedented film projects in the form of NFT, including the famous “Royal Cheese” handwritten script scene. The auction will utilize a blockchain called a secret network, which will allow the contents of these NFTs to remain confidential until the item is sold.
Miramax confirmed that although Tarantino has the rights to any printed publication of the script, NFT is not part of it. The lawsuit stated:
The proposal to sell some original script pages or scenes as NFTs is a one-time transaction, does not constitute publication, and does not fall within the intended meaning of “print publishing” or “script publishing” in any case.
The lawsuit further explained that Miramax owns and controls the right to sell any NFT.
Tarantino strikes back
Brian Friedman, Tarantino’s lawyer, Challenged The validity of Miramax’s claim, stating that the director has the right to sell “the NFT of the handwritten script he wrote for pulp fiction, and this clumsy attempt to prevent him from doing so will fail.” Williams also emphasized that Miramax The leak of the details of the contract with Tarantino will damage the company’s reputation. This means Tarantino is planning to counter these allegations in court.
This is one of the first high-profile cases involving NFT and Hollywood works in court.Many others celebrity with artist NFT price cuts have been announced and published to take advantage of the NFT boom that occurred earlier this year to open up new and alternative sources of revenue. In this sense, Miramax’s lawyer Bart Williams stated that Tarantino’s statement dilutes the value of Pulp Fiction IP.
This one-off effort devalues ??the NFT rights of “Pulp Fiction”, and Miramax intends to maximize it through a strategic and comprehensive approach.
What do you think of the lawsuit between Quentin Tarantino and Miramax? Tell us in the comments section below.
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