With the recent announcement that Warner Bros. had created DC Entertainment, the company was said to be taking back some of long-gestating projects back from producers to star anew. IGN talked to The Dark Knight producer Charles Roven, who says The Flash is one of those films:
“I was involved at one point with The Flash,” said Roven. “And Warner Bros. came to me and said, ‘The work that you’ve been doing hasn’t yet resulted in something that any of us, including the filmmaking team, feel could be greenlit as a movie. We’re trying to accomplish something that takes into account the entire, rich DC character world, and we’d like to pull it back. That doesn’t mean that you aren’t going to be a part of it. We just want to take a different kind of approach. Do you mind if we try that?’ If we had something that was really working…”
You can read more on this here.
UPDATE: In a new article, the film’s current screenwriter, Dan Mazeau, told IGN that “The Flash has not been hobbled. Everything is moving forward as planned… I’m still writing the script. Geoff Johns is still consulting. Flash fans have no cause for concern, and — IMO — lots to be excited about.”