last week to Mr. Tarantino that said his Pulp Fiction NFT plans were a material breach of his rights agreement with the company.
Nonfungible tokens, or NFTs, have exploded onto the digital art scene this past year. Proponents say they are a way to make digital assets scarce, and therefore more valuable. WSJ explains how they work, and why skeptics question whether they’re built to last. Photo Illustration: Jacob Reynolds/WSJInc.,
Mr. Tarantino announced his plans earlier this month. A release promoting the auction says the previously unreleased scenes and other artifacts will get a “glimpse into the mind and creative process of Quentin Tarantino.” Miramax alleges that Mr. Tarantino’s reserved rights were limited to the film’s soundtrack, music publishing, live performance, print publication, comic books and theatrical and television sequel and spinoff rights.
They will sue in order to settle for a major cut because they did pay for the production of the movie … right?