Deadline is reporting that soon Paramount will have good news and bad news regarding Star Trek 2.
The good news would be that J.J. Abrams would be returning to direct Star Trek 2 now that Super 8 is ready to be released.
The bad news would be that a release date of June 29, 2012 for Star Trek 2 may be unrealistic and the sequel may need to be pushed back to December 2012, meaning a holiday release for Star Trek 2. It’s also possible that the movie may be delayed more than six months
Paramount isn’t confirming either the good or the bad news, but it should not be a surprise, given recent news and circumstances, if these rumors end up being true. Until then though, they are only rumors.