The old litverse was quite fun, but the odds were never very good that the litverse with all of its twists and turns would ever have been adapted into a new television series. The timeline has advanced from Nemesis forward to 2385: How could you possibly introduce that status quo to a mass audience? Where would you start?
The stories remain. I do grant that it could be seen as disingenuous, as missing the point, to observe that the novels are still on everyone's shelves, but it's true: The stories remain, have been told, will be recalled. If people still reference Diane Duane's Rihannsu novels even though they were written for a continuity two litverses old, or the novels of John M. Ford, or other titles, well, why shouldn't the best of the most recent litverse novels remain living similarly afresh in fans' memories?
I would also note that Star Trek, most unlike Star Wars, is explicitly set within a vast multiverse where anything can happen. If you're really concerned about the most recent litverse, who is to say that these stories did not occur in one of those many alternates which we know exist?