The studio also said in its lawsuit that consumers may be confused believing that Miramax has been linked to Mr. Tarantino’s sale of the NFTs, which could affect the company’s own plans to sell NFTs from its library.
“Miramax will defend all of its rights in relation to its library, including rights in relation to NFTs, and will not allow Quentin agents to deceive others into believing they have the authority to conduct similar business in violation of them signed rights agreements, ”said Bart H. Williams, an attorney representing Miramax in the lawsuit, said.
The company is demanding a jury trial and unspecified financial damages.
Pulp Fiction, perhaps more than any other Tarantino movie, has developed a cult among fans that created memes, videos, and costumes based on scenes and characters. Directed and written by Mr. Tarantino, starring John Travolta, Samuel L. Jackson and Uma Thurman, the film followed two murderers, a boxer, a gangster and his wife, when their lives crossed.
Mr. Tarantino won an Oscar for scriptwriting for the film, and he received several other Oscar nominations, including for Best Picture, Best Director, and for Acting by Mr. Travolta, Mr. Jackson and Ms. Thurman. The film grossed more than $ 213 million worldwide, according to the studio.
Mr. Tarantino’s foray through the affluent and sometimes eccentric world of the NFTs comes as a multitude of celebrities and athletes have accepted the tokens. The market for them has exploded this year, and owners of popular videos and memes made money selling their rights to digital art, ephemera, and media.
In February, Nyan Cat, an animated flying cat with a pop-tart torso that leaves a rainbow trail, sells for approximately $ 580,000. In April, “Disaster girl“, A meme made from a photo of a child grinning at the camera while a house on fire in their neighborhood was sold for $ 500,000 in an NFT auction. And in May, the 2007 original Charlie Bit My Finger video, in which an infant bites his older brother’s finger, was NFT for. sold $ 760,999. The family who created it have announced that they will be removing the original from YouTube.