Quentin Tarantino, and the production company Miramax seem to have reached an agreement on non fungible tokens NFT related to the blockbuster movie Pulp Fiction after a long legal battle.
The movie studio reportedly plans to drop its lawsuit within two weeks and collaborate with the filmmaker in the future, including on new NFT projects.
Miramax sued the director in November last year after blockchain provider Secret Network announced the NFT auction of never-before-seen scenes from the 1994 film. The movie studio claimed to own all rights to Pulp Fiction, except those reserved for Tarantino, which excluded non-fungible tokens.
The company was developing its own NFT strategy at the time. In a statement, the studio's attorney, Bart Williams
This one-off effort devalues the NFT rights to Pulp Fiction, which Miramax intends to maximize through a strategic and comprehensive approach.
NFT Lawsuit
Lawsuit Miramax
Miramax Settles
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