Well after Warner Bros' 2007 announcement that the Teen Titans live action movie won't be moving forward, the word got out that TNT (a division of the aforementioned studio) intends to do a live action series, about Robin stepping out of Batman's shadow and leading his own team of superheroes. The team was supposed to feature, besides Robin, Starfire, Raven, Oracle, and Hawk & Dove.
Back then (early 2015), TNT president Kevin Reilly said that the Teen Titans series will be groundbreaking and will stay true to the comics, in a way expressing his confidence in the project. Akiva Goldsman (Oscar for writing A Beautiful Mind) penned the script of the pilot, while Marc Haimes was set to direct.
But it seems that things weren't as clear as believed, since the project was postponed for shooting in October, after which nothing else was heard. Until now, that is, when the same Kevin Riley came and said that the project has been put on hold indefinitely. Here is what he said:
"Akiva [Goldsman] is a talented guy, [but] the script just wasn’t there. There is an unbelievable glut of superhero things in the market right now and if you have a really good one, clearly people are up for it. But I just don’t think that there’s a need for one that, for me, at least on paper didn’t seem to be screaming to get made." (via Hollywood Reporter)
And this is a bit of a mess-up, especially after saying that the show will be groundbreaking and that it will stay true to its source material. Can we believe that the script was good and wasn't good as well? Can we believe that the market is, currently, oversaturated with shows based on superhero properties?
The latter seems more believable, since it would be pretty difficult for the Teen Titans to compete with shows which have already gathered a massive fan base. Nonetheless, as we understand, this doesn't mean at all that they won't make it on the small screens later on.
And, maybe, they will even appear on the silver screen - since Cyborg was one of the members of the team.
What we can add is that it is maybe better this way, for TNT to not move forward just for the money, when the script didn't actually meet the standards.