For a long time, people have wondered what DC Comics project would replace Smallville when it ended. A while ago, people wondered would it be a Smallville spin-off like Green Arrow or The Daily Planet? Then The Graysons was considered. Then there was talk of Blue Beetle or Sandman. Finally, CW started to develop a Raven series based on the New Teen Titans character. Maybe it could still appear as a mid-season replacement or a fall series for 2012, but CW has picked these pilots for this fall, and Raven isn't one of them. From Deadline:
"The CW has picked up its sixth and final pilot this season, the witch tale Secret Circle executive produced by Vampire Diaries co-creator/exec producer Kevin Williamson."
And..
"Secret Circle joins the 5 pilots previously picked up by the CW: Danni Lowinski, Awakening, Hart of Dixie, Heavenly and Cooper and Stone. The network's choices include 2 genre shows, Secret Circle and zombie drama Awakening, one medical drama, Hart of Dixie, one cop show, Cooper and Stone, and one legal drama with supernatural elements, Heavenly."
The DC Comics/CW relationship is over for now, or so it seems.