Warcry reports that Star Trek Online has been cancelled. Well, not officially cancelled, but the company that used to be called Perpetual and used to have the license to make Star Trek Online had to give back the license. Some other company could now restart developing the game, but they won't get any existing code from Perpetual.
Scott Jennings calls it an impossible license. But apparently the reasons for Perpetual giving up the license are less about design possibilities, and more about financial possibilities. Perpetual already cancelled Gods & Heroes which was already in the beta and had pre-order boxes shipped to retailers. And they did some clever legal and financial engineering, including creating a new company, P2 Entertainment, and transferring all their assets including the Star Trek Online license to that new entity. People who were owed money by the old Perpetual sued them over that move. Investors had to write off their investments, as the old Perpetual went bankrupt.
For us players all that just means that we won't see a Star Trek Online game before 2015, if ever.
[Edit: Rumors have it that the new STO developer will be Cryptic Studios.]
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