In their battle to stop the auction of the upcoming “Tarantino NFTs”, Miramax has now turned its sights on Secret Network. The production company first filed a lawsuit against director Quentin Tarantino a few weeks ago. And now it has sent a letter to SCRT Labs CEO Guy Zyskind aiming to stop the company from hosting the NFT sale. With that said, Zyskind then made it clear on Twitter that the auction will move forward regardless.
Quentin Tarantino And Secret Network Vs. Miramax Continues
The ongoing battle is over an auction for Tarantino NFTs scheduled to begin on the Secret Network on January 17th. In short, the NFTs originate from Tarantino’s original, handwritten screenplay for the film, “Pulp Fiction”.
Miramax first tried to stop the NFT sale from happening back in November. At the time they claimed that they own the rights to Pulp Fiction. However, Tarantino and his camp maintain that Tarantino fully owns the rights to the screenplay.
To that end, Secret Network announced last week that the auction would go on as planned. Zyskind previously explained Secret Network’s stance on the issue to NFT Evening:
“Quentin and his team were confident then, and are confident to this day, that they have the full rights. We as a team at SCRT Labs believe what Quentin and his team are saying.”
Tarantino NFT Lawsuit Becoming A Landmark Case For NFTs
Without a doubt, the outcome of this lawsuit has major ramifications for the future of NFTs. In particular, for NFT creators who have previous ties to large entertainment companies.
What’s more, in its letter to Zyskind, Miramax threatens to pursue damages if the sale goes through as planned. Not only from Tarantino and Secret Network, but also from the buyers of the NFTs. Thus, it’s clear to see why Zyskind and Secret have committed to standing their ground and backing the artist in this case.
As of now, the Tarantino NFT auction is still on track. Time will tell whether Secret and Tarantino will succeed in this battle with Miramax .
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