This entry was published at least two years ago (originally posted on January 28, 2020). Since that time the information may have become outdated or my beliefs may have changed (in general, assume a more open and liberal current viewpoint). A fuller disclaimer is available.
In the midst of a big list of upcoming 4K releases, The Digital Bits has this to say about Star Trek: The Motion Picture:
A lot of you are likely wondering about the classic Star Trek films on 4K, including the long-awaited (and occasionally teased) Star Trek: The Motion Picture – Director’s Edition. What I can tell you is that this is a big project but things are moving in a positive direction, if very slowly. So don’t give up; this one is going to require some patience. But do take every opportunity you have via social media to let the studio know that you really want #sttmp40 on physical 4K Ultra HD. Positive mojo can only help.
Fingers crossed! (Which is awkward to combine with the Vulcan salute, but not impossible….)