After famed Pulp Fiction director Quentin Tarantino’s announced an NFT of his screenplay to Things have started to get pretty heated between his efforts and Miramax. Monday we saw the Miramax lawyers (Studio that made Pulp Fiction) send a letter accusing copyright infringement before for not only SCRT Labs but whomever purchases the NFT at auction.
Deadline reports on the letters direct language :
“Your apparent reliance on Mr. Tarantino’s position about his rights to Pulp Fiction is misguided. Whatever limited rights Mr. Tarantino has to screenplay publication, they do not permit the minting of unique NFTs associated with Miramax intellectual property, and his contrary position is the subject of a pending lawsuit.”
The letter gets even more threatening with the following statements:
“Assuming that you (like Mr. Tarantino) plan on going forward with the auction, please be on notice that you are doing so at your own risk, including the risk that you will later owe the proceeds of any sales to Miramax along with other potential damages. We would hope that you also inform prospective purchasers of the risks of purchasing these unauthorized NFTs, including that purchasers may have to return the NFTs to Miramax and forfeit the price they paid for such NFTs, and that purchasers may incur additional liability in the event they later sell the unauthorized NFTs to Miramax, and that purchasers may incur additional liability in the event they later sell the authorized NFTs (including the potential for any statutory damages).”
Needless to say… Miramax is dead serious about stopping this NFT auction.