Tarantino, Miramax settle NFT lawsuit

Last Updated on September 12, 2022

Quentin Tarantino, NFT, Miramax

Quentin Tarantino and Miramax have settled their lawsuit related to Pulp Fiction NFTs. So, yeah, that’s partly what QT has been up to instead of writing his 10th and final film.

A joint statement read: “The parties have agreed to put this matter behind them and look forward to collaborating with each other on future projects, including possible NFTs.”

The lawsuit goes back to last year and stems from Quentin Tarantino’s attempt to market and sell Pulp Fiction NFTs through OpenSea, the premiere spot for non-fungible tokens. Miramax quickly tried to put the kibosh on that, saying the writer/director couldn’t do such an act since the studio owned “all rights.” Tarantino, however, claimed he did indeed have publication rights to the film that won him his first Oscar.

Quentin Tarantino’s Pulp Fiction NFTs would offer “first uncut handwritten scripts of Pulp Fiction and exclusive custom commentary from Tarantino, revealing secrets about the film and its creator.” A major draw with the NFTs would have been access to exclusive deleted scenes.

Tarantino reportedly went ahead with the auction anyway, selling one of the NFTs for $1.1 million. That’s 220,000 five-dollar milkshakes! The other six NFT auctions were canceled.

Quentin Tarantino initially split Miramax following Harvey Weinstein’s rape and sexual abuse allegations. While with Miramax/The Weinstein Company, Tarantino personally earned five Academy Award nominations, winning two for Best Original Screenplay. His first movie after the split, the Sony-distributed Once Upon a Time in Hollywood, earned 10 Oscar nods, the most for any of his films.

In July, Quentin Tarantino launched The Video Archives Podcast with friend and Pulp Fiction co-writer Roger Avary. They discuss various movies from the video store the duo famously worked at. His next book, film criticism and analyses collection titled Cinema Speculation, arrives in November.

https://www.youtube.com/watch?v=lbVU0cg1mgs

Source: Variety

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Mathew is an East Coast-based writer and film aficionado who has been working with JoBlo.com periodically since 2006. When he’s not writing, you can find him on Letterboxd or at a local brewery. If he had the time, he would host the most exhaustive The Wonder Years rewatch podcast in the universe.