Tycoon Guy writes "TrekToday reports that Paramount has asked 'Lost' creator J.J. Abrams to direct a new 'Star Trek' film. The movie will be set at Starfleet Academy and will feature younger versions of James T. Kirk and Spock, chronicling their first meeting at the Academy and their first outer space mission. The movie is set for a 2008 release and will apparently be one of Paramount's biggest projects for the year."
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