In January 2019, Miramax filed a lawsuit against Quentin Tarantino and the company Overkill Inc. for allegedly violating copyright of Pulp Fiction by developing an NFT version of the film on his own behalf without their consent.
Quentin Tarantino is being sued by Mirimax over the possibility of his movie Pulp Fiction becoming an NFT. Does this mean Hollywood will be forced to go digital? How could Quentin stand not owning a copy of his own work?A new lawsuit filed by Mirimax alleges that Quentin Tarantino’s plans to sell movie-themed cryptocurrency tokens is a violation of copyright law. The case could set precedent for how NFTs are protected under copyright law and open the doors for other filmmakers to raise funds through cryptocurrencies.
Quentin Tarantino is being sued by Mirimax over Pulp Fiction NFT plans. The film was made in 1994, but the company has been trying to get their hands on it since then.
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It seems that legendary filmmaker Quentin Tarantino has found a hitch in one of his most recent projects. Tarantino is now being sued by the production firm Miramax for his ambitions to develop nonfungible tokens around his 1994 picture Pulp Fiction, according to The Wall Street Journal. Tarantino has been sued by Miramax for copyright infringement and violation of contract, claiming that the filmmaker is attempting to “capitalize, unilaterally, on Miramax’s rights to Pulp Fiction.” Tarantino had already received a stop and desist notice from the studio.
In a statement, Proskauer Rose LLP partner Bart Williams stated, “This one-off attempt devalues the NFT rights to Pulp Fiction, which Miramax wants to monetize via a deliberate, comprehensive strategy.” “Miramax will vigorously protect all of its library rights, including NFT rights, and will not allow Quentin’s agents to mislead others into thinking they have the power to make similar transactions in violation of the rights agreements they signed.”
Tarantino’s legal team claims that a “reserved rights” clause in his original contract allows him to move forward with the NFTs, but Miramax claims that those rights are limited to the film’s soundtrack, music publishing, live performance, print publication, comic books, and theatrical and television sequel and spin-off rights.
The action claims that Tarantino’s minimal ‘Reserved Rights’ under the operative agreements are significantly too restrictive for him to unilaterally make, promote, and sell the ‘Pulp Fiction’ NFTs.
Tarantino is far from the first filmmaker to attempt to get into the NFT industry, with indie legend Kevin Smith recently announcing a foray into the genre – featuring Killroy Was Here, the first NFT feature. The choice to sell the picture in this manner was largely inspired by an event involving Tarantino, Smith stated on his Fatman Beyond podcast soon after the news was released.
“When we discussed offering Killroy as an NFT, there was significant controversy online. ‘That damages film,’ I think some people thought. I fully disagree with you “Smith clarified the situation in April. “In an interview, I said that part of [my] purpose was to attend the South by Southwest film festival in 1997. We were having a panel with Quentin [Tarantino], Robert Rodriguez, Mike Judge, George Huang, Steven Soderbergh, and myself, and it was a lot of filmmakers. Everyone was asking filmmaker-related questions, and Quentin was asked a question at one point: ‘How can I be you?’ ‘Don’t be like that,’ Quentin said. Please consider becoming a distributor or an exhibitor in this industry. It has a lot of filmmakers, but not enough people to distribute their work.’ And it has been with me ever since.”
“When we do the Killroy NFT in the second drop, you’ll be able to buy not just this one-of-a-kind NFT, but you’ll also receive the movie, the hard drives, and all the data, just as if we sold the movie to a distributor,” Smith explained. “And you get to decide where the movie goes, how it’s distributed, and where it’s shown — its worth having been boosted by the fact that you, an outsider, just purchased it. ‘What if the individual wins it and doesn’t share it with anyone?’ some people wonder. We’re hoping to include a clause that states, “If you purchase it, you can’t simply put it in your wallet.” I’m not saying you have to put it in theaters or anything, but I’m going to make myself available to handle press and other promotional activities, just like I would if someone purchased a movie I created. So it’s a great way for someone who’s into crypto — I wouldn’t encourage this for someone who isn’t — to end up becoming a real-world distributor as well. You know, it’s a non-fungible token that has value in the crypto world, but it also has worth in the real world. It’ll be fascinating.”
What are your thoughts on Miramax suing Quentin Tarantino for his NFTs from Pulp Fiction? Let us know what you think in the comments section below!
Quentin Tarantino Sued By Mirimax Over Pulp Fiction NFT Plans is a news article about Quentin Tarantino being sued by Mirimax over plans to sell movie memorabilia. Reference: quentin tarantino movies.
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