Quentin Tarantino’s Pulp Fiction NFT launch hits roadblock after Miramax files chase

Film studio Miramax has sued director Quentin Tarantino over his decision to announce a series of non-fungible tokenized (NFT) collectibles based on his classic film Pulp Fiction. The lawsuit, filed in federal court in Calfornia, cites copyright and trademark infringement and breach of contract, paving the way for a battle over who gets NFT’s broadcast rights for a film – l artist or his copyright holder.

The 22-page complaint, which is publicly available courtesy of Deadline, tells Miramax that the company previously sent Tarantino a cease-and-desist letter asking it to stop plans to sell NFT Pulps. Fiction, but Tarantino instead “intensified and expanded” his plans.

According to the complaint, Miramax alleges that Tarantino kept his intention to release the film’s NFTs a secret, despite knowing that the studio owns the majority of the rights to the film.

Miramax’s strongly worded lawsuit claims Tarantino is “keen to profit from the [NFT] boom “by announcing the collectibles in partnership with SCRT Labs, as one of the first projects to launch on the Secret Network blockchain network. The seven NFTs slated for release are expected to be based on the original Pulp Fiction storyline and feature content that only each of the respective owner can see, such as exclusive audio commentary with unreleased content.

The studio goes on to state that Tarantino ceded “nearly all of its rights” to the film to Miramax in 1993, including the rights to sell Pulp Fiction exclusives and secrets.

Miramax has said it is asking Tarantino to be compensated for damages and has taken legal action to “enforce, preserve and protect” its “intellectual property rights” and to protect its copyright against other Miramax employees who believe “they have the right to enter into similar agreements”. .

An attorney representing Tarantino told The Hollywood Reporter that the director believed his “screenplay reproduction” right allowed for the creation of the NFT collectibles. Miramax, meanwhile, claims to own the right to publish NFTs based on Pulp Fiction and even intends to do so.

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Shomik is a senior sub-editor at Gadgets 360. As someone who has sifted through the mainstream tech space for the past four years, he has now focused on cryptocurrency. When he’s not converting currency values ​​in his head, you can find him in an intense five-a-side football game or completing the latest Destiny 2 Weekly Challenge on his Xbox. You can contact him for advice or questions at ShomikB@ndtv.com. Following

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