India freezes digital assets WazirX, linked with Binance The developers of Shiba Inu have announced a new mobile game Binance received a subpoena over Elon Musk's refusal to buy Twitter The New York authorities fined the crypto platform Robinhood for $30 million North Korean hackers forge CVs to join U.S. crypto companies A new unknown investor bought bitcoins for $3 billion Binance employee claims loss of 90% of customers and billion dollars in revenue MetaMask users face a phishing attack Unknown hacked almost 8 thousands crypto wallets on Solana

Miramax studio sues Quentin Tarantino over NFT

Miramax studio sues Quentin Tarantino over NFT

Not so long ago, Quentin Tarantino announced his intentions to launch an NFT auction, which will feature previously unseen, deleted scenes from the iconic "Pulp Fiction" movie. The sale in question is supposed to include just 7 scenes, accompanied by the original handwritten pages of the script and the author's audio comments. 

The announcement of this event caused enormous interest among fans of the film and admirers of the director's talent. 

Meanwhile, the Miramax film studio, the film's distributor and copyright holder decided to sue Quentin Tarantino. It accused the director of violating copyright and intellectual rights, as well as waging unfair competition. According to lawyers representing the film studio, Quentin holds only the right to publish the film's script. Therefore, the sale of the NFT collection containing scenes from the movie is outside the scope of the agreement signed between the director and the studio.

On the other hand, Tarantino's attorneys have a contrary standpoint that Tarantino has every right to release NFT. According to the terms of the agreement, the director has the right to publish the script and the musical accompaniment, future sequels, remakes, and books inspired by "Pulp Fiction." 

It looks like the court will face a complex case since, at the time of signing the agreement and filming the movie in 1993, neither cryptocurrencies nor NFT did not exist.

Is there an error in the article?
To report