Ryan Reynolds, Taylor Sheridan and John Krasinski Among Hitmakers Paramount Skydance Needs to Keep Happy

The Star Trek situation is touched on in the final paragraph:

Then there is Alex Kurtzman and Secret Hideout, which is in charge of the “Star Trek” TV franchise. While the company has produced a number of new “Trek” shows over the last decade, there are currently two — “Star Trek: Strange New Worlds” and “Star Trek: Starfleet Academy.” “Strange New Worlds” is currently airing its third season and has already been renewed through its fifth and final season. “Starfleet Academy” is expected to premiere in 2026 and has been renewed for Season 2.

Interestingly, there’s no mention of the fact that the Secret Hideout contract should be expiring in 2026, and therefore needs to be renegotiated (or not)…pretty much immediately.