It's chump change for any studio that can drop 150 million on a box office flop every time it turns around.
It's chump change for any company that spends 100 billion dollars to merge with half of Hollywood like "The Thing".
Why release them weekly?
You want to release a boxset, the whole point of an upgrade is to binge?
That being said, you could do alternate cuts of two parters, add deleted scenes and then crop the aspect ratio.
As for my next argument,
Mac and Me getting remastered into 4k wasn't going to sell but like what 2 copies?
Remastering Clueless in 4k isn't going to make back the budget of Clueless and profit at 3x.
The point is preservation.
Finally, if you dropped 6500 bucks across the franchise collecting home video releases since DVD releases were a thing,
I would argue that not only is 32million chump change to Paramount, it's a maintenance fee that fans expected the moment 1080p was demonstrated as the future of display technology.
If you don't want to update it, then don't upgrade everything else to 1080p displays and future proof the production.
It was shot on 35mm film, and in cases of later seasons was designed for a remaster to 16:9.
The biggest issue is they would have to redo all the visual effects. That wasn’t a problem with TOS and TNG as it was mainly special effects.
Two years ago, fans thought it would be impossible that a show like Star Trek: The Next Generation could ever be remastered in high definition. Like spinoffs Deep Space Nine and Voyager…
blog.trekcore.com
...they don't, they literally don't.
I posted it already, several key artists who worked on the show proved the VFX assets survive to this day.
They don't have to redo all of the FX, they can be stepped up in Blender.
As for beams and phasers, they built packages out during TNG:R, those exist.
They're basic bitch FX by today's standards.
As for TNG...they had to redo all of those FX in Adobe After FX, recomp and all.
That applied to shots of ships as well, I'd argue doing that is akin to CGI, and you'd just allocate money.
DS9 has a season and a half of CGI that's heavy, well, you don't have to scan filmed shots of ships entirely, you just have to step up some models and composite them.
It would literally be the same price.
Also.... It's so basic a fan can do it in his spare time on a desktop.
It's not AVATAR THE WAY OF THE WATER.
Also...TNG season 1's bluray has a featurette,
"Energized: Taking the Next Generation to the Next Level"
I recommend watching that to get a general idea of how much they had to do,
from scanning negatives to recompositing FX, to replacing CG that was used.
It's not difficult.
Finally, the hole goes so deep, all of Babylon 5's CGI models, and animation files survived from the 90s til today, and...
Could've also been stepped up.