Just days after a federal judge appeared to open the door for the release of financial records behind a so-called "independent" Star Trek fan-film, the studios that own the 50-year-old franchise and the people behind Star Trek: Axanar have settled.
CBS Studios Inc. and Paramount Pictures, who sued Axanar Productions and its principal Alec Peters in December 2015 for copyright infringement, issued a joint statement early Friday to GeekNation saying the lawsuit was now over and that Axanar was admitting it "crossed boundaries acceptable to CBS and Paramount relating to copyright law."
"Axanar and Mr. Peters have agreed to make substantial changes to Axanar to resolve this litigation, and have also assured the copyright holders that any future Star Trek fan-films produced by Axanar or Mr. Peters will be in accordance with the 'Guidelines for Fan-Films' distributed by CBS and Paramount in June 2016."
The studios sued Axanar and Peters after they raised some $1.4 million in crowdfunding to not only produce a short known as Star Trek: Prelude to Axanar but a planned feature film called Star Trek: Axanar. The studios claimed Axanar and Peters used the money to seed a commercial studio outside of Los Angeles, and used the funds to pay Peters and others close to him salaries as well as cover a number of personal expenses.