Pulp Fiction NFTs: Quentin Tarantino and Miramax Settle Lawsuit

Quentin Tarantino, an American filmmaker, has entered the non-fungible token (NFT) market with an offer of handwritten pages from the screenplay of his 1994 hit Pulp Fiction and associated drawings. The move can proceed now that the filmmaker and movie studio Miramax has settled a lawsuit the latter brought against Tarantino last year.

According to the legal news website Courthousenews.com, attorneys for Tarantino and Miramax submitted a notice of settlement in a Los Angeles federal court on September 9. The terms of the settlement were not included in the announcement.

The business sued Tarantino in November of last year to prevent the director from offering the movie-related items for sale as NFTs, asserting that Miramax is the owner of the rights necessary to create, promote, and market the digital assets associated with its filmography.

The current notice is an unexpected development as it comes just a week after the parties informed U.S. District Judge Fernando Olguin that recent mediation efforts had failed to produce a resolution.

According to an analysis by attorney Aaron Steinberg for the Belmont Entertainment Law Journal, "Tarantino granted Miramax extensive rights in Pulp Fiction, but the contract defines 'Reserved Rights' that were retained by Tarantino, which include the "soundtrack album, music publishing, live performance, the print publication (including without limitation screenplay publication, "making of" books, comic books, and novelization, in audio and electronic formats," Tarantino's "Reserved Rights" were defined as "music publishing

However, Tarantino feels that the sale of a singular, scanned screenplay fragment is covered by his reserved rights for "screenplay publication. The question of whether the sale of a single, exclusive copy counts as a "publication" arises because Tarantino is selling a single copy of every NFT in his collection, says the attorney.