Prominent director Quentin Tarantino was the latest to dive into the NFT space. However, his secret Pulp Fiction NFTs had a lot of trouble surrounding them.
Non-fungible tokens aka NFT has everyone under its arm. A wide range of individuals have either rolled out their own NFT or have jumped into the bandwagon by purchasing them. The crypto-verse has undoubtedly garnered increased recognition following the emergence of NFTs. The fact that celebrities were diving into the space lured several into the market. Recently, director Quentin Tarantino surprised all his fans by announcing the sale of NFTs based on Pulp Fiction, a cult favorite movie.
Just a couple of days ago, Tarantino revealed that he would roll out about seven NFTs. This list included certain scenes from the early script that did not make to the screen. Quentin Tarantino fans were over the moon following this news. However, a seemingly huge roadblock was restricting the launch of this NFT.
Quentin Tarantino forthcoming NFTs slapped with a lawsuit
Entertainment firm, Miramax filed a lawsuit against the director alleging that Tarantino it still entails the rights to the movie. Quentin Tarantino reportedly kept his Pulp Fiction NFT plans under the wraps. Miramax had no idea and finally decided to hit back with a lawsuit.
Citing breach of contract, Miramax’s lawuit against Tarantino read,
“Left unchecked, Tarantino’s conduct could mislead others into believing Miramax is involved in his venture. And it could also mislead others into believing they have the rights to pursue similar deals or offerings, when in fact Miramax holds the rights needed to develop, market, and sell NFTs relating to its deep film library.”
The entertainment agency suggested that it wanted the court to put a hold and dissolve the sale of the Pulp Fiction NFTs. Additionally, Miramax wants Quentin Tarantino to handle the legal fees and costs in the copyrights infringement case.
Tarantino decided to respond through his attorneys who suggested that the sale of NFTs would come under the partial rights that the director entailed.