Quentin Tarantino has settled a lawsuit with Miramax over non-fungible tokens. The Pulp fiction director’s case was settled out of court, according to new court filings published on February 7. Quentin Tarantino is an American film director and writer.
He is known for his films Pulp Fiction and Kill Bill, as well as directing the Inglourious Basterds, Django Unchained, and The Hateful Eight.
Non-Fungible Tokens (NFTs) are unique digital assets on a blockchain that can be used for trading or assigning value to other cryptocurrencies in what is known as an exchange.
In June 2019 a lawsuit was filed against Quentin Tarantino’s company by Miramax over NFTs related to his films Pulp Fiction and Kill Bill. The Pulp Fiction director’s case was settled out of court, according to new court filings published on February 7.
Quentin Tarantino Gets Over With Lawsuit
According to The Hollywood Reporter, Tarantino and his former agent Mike Simpson have reached an agreement with Miramax over the ownership of his 1994 classic film, Pulp Fiction.
The settlement was made in January and involves Tarantino agreeing not to sue Miramax over claims that he helped develop the fictional character Vincent Vega (John Travolta) with actor Michael Madsen.
Miramax will also receive payments from Tarantino’s production company A Band Apart, which has been sold off in recent years after Tarantino sued producers Lawrence Bender and Stacey Sher for allegedly refusing to pay him royalties owed on the film.
No details about how much money had been agreed upon were disclosed by either party involved in the case but it’s said that they’ll be happy with their respective settlements — including Miramax now being able to use its own logo rather than Columbia Pictures’ one as part of promotional materials related to this particular movie franchise.
The Pulp fiction director’s case was settled out of court, according to new court filings published on February 7.
The settlement comes after three months of back-and-forth between Tarantino and Miramax over the rights to the script that would eventually become Reservoir Dogs and other potential projects.