It's been alleged that the remastering effort was in part financed by Toshiba in exchange for HD-DVD exclusivity. Ironically, the final two seasons were never released on the format - which was defunct by that time the project was completed.
When the news leaked that a Star Wars: Special Edition-esque remastering was on the cards, many fans were aghast. But once fans saw the rather loving (and conservative) conversion, the effort was lauded by most. Additionally, the Blu-ray version rather classily included the series with both the original and remastered visual effects. By the time the remastering effort concluded in mid 2009, rumours started to swirl that CBS and Paramount were interested in revisiting the sequel series; 1987's Star Trek: The Next Generation.
Del med dine venner