Forbes magazine published an article: Paramount Has Canceled 'Star Trek 4,' And Disney's 'Star Wars' Is To Blame. Basically says Paramount feels that now Disney is pumping out Star Wars movies yearly (as well as MCU)that Star Trek is best left to television as it is not a property that can compete and bring in the same level of box office treasure. My opinion: I agree and disagree. Star Trek films can't compete because of how Paramount has treated it. These Kelvin films were never true to Trek's core nature. They forced it to be something it wasn't meant to be … a mind numbing action franchise and therefore generic sci-fi. It was meant to be more than that. Basically Paramount has hobbled the concept of Star Trek is and can be since right after The Undiscovered Country retired The Original Series crew. Disney maybe fumbling a bit with the Star Wars franchise, however, they haven't yet turned it into a complete farce like Paramount has with Star Trek. The last two Kelvin films have been "meh" and as a result the majority of the audience felt no need to revisit them at the theater. Produce a movie that makes full use of Star Trek's concept and it could bring in twice the box-office (at least) that the Kelvin movies have. Star Trek didn't let down Paramount. Paramount let down Star Trek!