Miramax is trying to stop Tarantino from auctioning off seven unreleased “Pulp Fiction” scenes as NFT.
Miramax filed a lawsuit Quentin Tarantino over a NFT projects related to “Pulp Fiction. “Oscar Award Winner announced In early November, he put up seven uncut scenes from “Pulp Fiction” up for auction as Secret NFTs on OpenSea, the world’s largest NFT marketplace. Based on The Hollywood Reporter, Miramax sent a cease-and-desist letter to Tarantino after the announcement but the NFT project survived. Now the studio accuses the NFT project of infringing on their intellectual property agreement.
“Tarantino’s conduct has compelled Miramax to bring this action against a valued associate to enforce, maintain, and protect its intellectual property and contracts in relation to one of its assets. Miramax’s most iconic and valuable film,” Miramax wrote in the lawsuit. Left unchecked, Tarantino’s conduct could mislead others into believing that Miramax was involved in his business. And it may also mislead others into believing that they have the right to pursue similar transactions or services, when in reality, Miramax holds the necessary rights to develop, market and sell the related NFTs. to my deep movie library. “
In a statement earlier this month, Tarantino said he’s “delighted to introduce these exclusive scenes of ‘Pulp Fiction’ to fans.” The project announcement added “secret content” [up for auction] one-of-a-kind, never seen or heard of before and will include ‘Pulp Fiction’ first uncut handwritten scripts and exclusive custom commentary from Tarantino, revealing the secrets of the series. film and its author. “
As reported by The Hollywood Reporter: “According to a copy of Tarantino’s contract with Miramax for ‘Pulp Fiction’, the director retains certain rights to the film, including ‘soundtrack album, music publication, live performance, print publication ( including but not limited to, script publishing, bookmaking, comic books and novels, in audio and electronic formats, where applicable), interactive media, remake rights and sequels stage and television, as well as film and television rights. ”
Tarantino’s attorney responded to Miramax’s accusations by claiming that Tarantino was acting within his “Rights Reserved” regarding the “publishing of the script”. But Miramax’s attorney replied: “This group chose to recklessly, greedily, and knowingly disregard the agreement Quentin signed instead of following the obvious legal and ethical approach of only dealing with Miramax. about his proposed ideas. This one-time effort devalues NFT’s rights to ‘Pulp Fiction’, which Miramax intends to maximize through a holistic, strategic approach. Miramax will protect all of its rights in relation to its libraries, including those relating to NFT, and will not allow Quentin representatives to mislead others into believing that they are entitled to perform similar transactions. violate the rights agreements they have signed. ”
https://www.indiewire.com/2021/11/miramax-sues-quentin-tarantino-pulp-fiction-nft-project-1234679876/ | Miramax Sues Quentin Tarantino Over Pulp Fiction NFT Project