MSCHF Streams Movies in ASCII Format for Free with ASCII Theater

The project, which may infringe copyright laws, will continue until it is legally shut down, according to MSCHF's director of marketing.

Art collective MSCHF has launched ASCII Theater, a project that streams a different movie every day in ASCII format for free via Command Prompt or Terminal.
Movies such as Barbie, Pulp Fiction, The Shining, and others are being shown in ASCII form, with no audio but with subtitles.
MSCHF's director of marketing, Matt Steiner, stated that the ASCII Theater will continue until it is forced to shut down due to legal action.
Copyright law experts suggest that the project may infringe upon copyright laws, as it could be considered a derivative work, which is protected by copyright.
However, some argue that the damages to film studios may be minimal, as MSCHF is not charging viewers and each film is only broadcast for 24 hours.