IN a Nov 2 press launch, director Quentin Tarantino excitedly introduced that he could be promoting NFTs based mostly on unique scenes from Pulp Fiction’s screenplay to followers.
However on Tuesday, Miramax filed a lawsuit on towards Tarantino, accusing him of copyright infringement by promoting the movie’s NFTs.
Tarantino introduced the sale at a latest crypto-art conference in New York.
The plan is to public sale off NFT – non-fungible tokens – based mostly on excerpts from Tarantino’s unique handwritten script for the movie, accompanied by commentary.
The NFT is pitched as “secret,” that means that its contents will likely be viewable solely by the proprietor.
In line with the swimsuit by Miramax, Tarantino didn’t seek the advice of the corporate beforehand, as Miramax nonetheless owns the rights to the director’s 1994 traditional movie.
Miramax’s attorneys have despatched a stop and desist letter searching for to dam the sale, however that has not stopped Tarantino and his workforce.
The corporate additional alleged that Tarantino’s actions have interfered with the studio’s personal plans to enter the marketplace for Pulp Fiction NFTs, in keeping with an announcement by Miramax lawyer Bart Williams.
“This group selected to recklessly, greedily, and deliberately disregard the settlement that Quentin signed as a substitute of following the clear authorized and moral method of merely speaking with Miramax about his proposed concepts,” Williams mentioned.
The swimsuit seems to activate the query of whether or not promoting NFTs based mostly on excerpts of a screenplay qualify as a “publication” of the screenplay.
The swimsuit states claims of breach of contract, copyright infringement, trademark infringement and unfair competitors.
Tarantino’s consultant declined to remark.