The studio also said in its lawsuit that consumers may be confused into believing that Miramax was linked to Tarantino’s sale of NFTs, which could conflict with the company’s own plans to sell NFTs from its library.
“Miramax will defend all of its rights with respect to its library, including those relating to NFTs, and will not allow Quentin representatives to deceive others into believing they have the authority to enter into similar deals in violation of the rights agreements they have signed,” Williams, the attorney representing Miramax in the lawsuit, He said.
The company is seeking a jury trial and unspecified monetary damages.
Perhaps more than any of Tarantino’s films, Pulp Fiction has developed a cult following among fans who create memes, videos, and costumes based on scenes and characters. The film directed and written by Mr. Tarantino, starring John Travolta, Samuel L. Jackson and Uma Thurman, followed two murdered mob men, a boxer, a gangster and his wife as their lives intersected.
Mr. Tarantino won an Academy Award for writing the screenplay for the film, and received several other Academy Award nominations, including for Best Picture and Best Director and for portraying Mr. Travolta, Mr. Jackson, and Mrs. Thurman. The film has grossed more than $213 million worldwide, according to the studio.
Mr. Tarantino’s entry into the wealthy and sometimes eccentric world comes from NFTs where a variety of celebrities and athletes have adopted the tokens. Their market has exploded this year, and owners of popular videos and memes have been taking advantage of it, 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, sold for nearly $580,000. In April, “Disaster Girl,” a photo of a child smiling for the camera while a house in her neighborhood burns, was sold at an NFT auction for $500,000. And in May, the original 2007 video of “Charlie Bit My Finger,” in which a baby boy bites his older brother’s finger, was sold as an NFT for $760,999. The family that created it said they would remove the original from YouTube.