Quentin Tarantino settles NFT lawsuit with Miramax
Filmmaker Quentin Tarantino and studio Miramax have settled a lawsuit over non-fungible tokens, or NFTs, based on Pulp Fiction. A new court filing indicates the sides will request to dismiss the suit in the coming weeks, and they offered a joint statement, as reported by Deadline.
Tarantino introduced his NFT lineup last year at the height of NFT mania, promising each one would unlock a “secret” about his 1994 film. Tarantino said the NFTs were linked with media from the screenplay, which he retained rights to, but Miramax sued on the grounds that NFTs constituted an “emerging technology” that it could contractually profit from. Had it proceeded, the case could have set a precedent for future NFTs based on films or other media. Warner Bros.
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