According to film industry representatives, the director is infringing on copyrights and attempting to profit from the popularity of non-fungible tokens. Check the news MiramaxSues Tarantino for Release of Pulp Fiction NFT and more on Switzerland based Lifestyle Magazine- Kenleaks Magazine.
According to The Hollywood Reporter, the Miramax film corporation has launched a lawsuit against Quentin Tarantino over the director’s plans to create a collection of non-fungible tokens based on the 1994 film Pulp Fiction. Miramax accused Tarantino of breach of contract, infringement on intellectual property, and unfair competition.
In early November, Tarantino announced intentions to sell seven chopped sequences from Pulp Fiction as NFT. The filmmaker also intends to sell non-fungible tokens for the film’s original handwritten screenplay and his own audio commentary.
Miramax alleges that Tarantino has no rights to sell edited portions from the film or script due to a 1993 contract signed with the filmmaker. Tarantino, according to film studio representatives, is attempting to profit on the surge in interest in NFT tokens.
Tarantino’s lawyer claims that the filmmaker has the right to replicate the script, allowing him to issue NFT tokens.
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