Miramax Sues Director Quentin Tarantino Over ‘Pulp Fiction’ NFTs

Star director Quentin Tarantino is in trouble for the plan auction of his Pulp Fiction NFTs, and the case has attracted a lot of attention within the media sector.

Pulp Fiction NFTS Gets Tarantino in Trouble

Last week, we reported that star director Quentin Tarantino would auction off seven NFTs based on the Pulp Fiction movie. Tarantino launched the NFTs on the Secret Blockchain. The NFTs were designed to have both a public-facing and secret element.

However, what started out as a harmless desire to enter the NFT space could turn into a big legal battle for Tarantino. Miramax, the entertainment company behind the Pulp Fiction movie, has sued the director.

Miramax claims that they have NFT plans for the movie, and launching and selling NFTs related to the movie isn’t covered by Tarantino’s republishing rights. The company claims that although Tarantino owns the right to publish the film’s screenplay, Miramax pointed out that the one-time NFT sale is outside that category.

As a result, Miramax has sent a cease-and-desist letter to the director to stop the sale. However, Tarantino continues to push forward with his plans despite the lawsuit. The lawsuit is quite complicated at this stage because the NFTs are secret. This implies that they are designed in a way that only their owners can view the deleted scenes. Hence, Miramax is suing Tarantino over contents it hasn’t seen.

NFTs are Growing Bigger

NFTs have become very popular within the cryptocurrency space and beyond. In recent months, numerous media companies and celebrities have entered the NFT space, releasing and selling NFTs.

In the third quarter of 2021, NFT sales topped $10 billion for the first time. The trading volume is expected to grow even bigger over the coming months as the adoption grows.

An increasing number of blockchains are making it possible for users to mint, launch and sell their nonfungible tokens.