Quentin Tarantino’s plan to jump into the NFT craze has hit a hurdle as Miramax is suing the director over his plans to release a « Pulp Fiction » series.
Quentin Tarantino’s plan to jump into the NFT craze has hit a speed bump as Miramax is suing the director over his plans to release a line of NFTs based on his famous 1994 film “Pulp Fiction.” The line of seven non-fungible tokens (NFTs) was announced by Tarantino and blockchain company Secret Network earlier this month and includes uncut and unreleased scenes from “Pulp Fiction.” But those that buy the NFTs will also receive exclusive access to extras, including commentary from Tarantino and images of the handwritten first draft of the film’s screenplay. But Miramax, which released “Pulp Fiction” and is planning to release its own NFTs based on its film library, alleges that Tarantino does not hold the rights to release the NFT line and that his team expanded plans for the line after a cease-and-desist letter was sent. “Pulp Fiction is one of the many beloved, award-winning, culturally iconic films in the Miramax library – with its brilliant storytelling and unique characters who still resonate with audiences more than twenty-five years later, so it was profoundly disappointing to learn of this deliberate, pre-meditated, short-term money grab by the Tarantino team to unilaterally circumvent Miramax’s rights to Pulp Fiction though the illicit development, promotion, and distribution of NFTs,” read a statement from Proskauer Rose LLP partner Bart Williams, who is representing Miramax.
