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Miramax sued the director last November after base layer blockchain provider Secret Network announced it would be auctioning off “uncut screenplay scenes” from the 1994 film as NFTs. The studio claimed to own all rights to “Pulp Fiction” except those reserved for Tarantino, which excludes non-fungible tokens.
The company was developing its own NFT strategy at the time. In a statement, studio attorney Bert Williams wrote:
In an initial press release for the auction, Secret Network said that Tarantino “has the exclusive rights to publish the Pulp Fiction script, and that the original handwritten copy will be privately owned by a private individual he has kept secret for decades.” It continues to be a unique creative treasure.” The auction raised him $1.1 million in January, but an additional sale of his NFTs was later canceled due to controversy.
Tarantino and Miramax have also partnered on other successful productions, such as Kill Bill: Volumes 1 and 2. “Pulp Fiction” has grossed him $107.93 million in the United States and $213 million worldwide since its release in 1994.
Hollywood director Quentin Tarantino and producer Miramax have apparently settled after a months-long legal battle over non-fungible tokens (NFTs) linked to the blockbuster Pulp Fiction.movie studio reportedly has dropped the lawsuit within two weeks and plans to work with the filmmakers in the future, including on the NFT project.
