Warner Bros. was actively shopping a script from David E. Kelley that updated the period tale about an Amazon princess who battled Nazis and other bad guys during World War II.
One source close to the project said the Wonder Woman team won't give up on the project, even though it's "not moving forward at this time."
The magazine suggests that one of the deciding factors may have been the projected cost of rebooting the series, with the studio requiring a rich license fee to bring the iconic character back to life.