The CW Wonder Woman TV series, Amazon, is no longer in development and completely dead.
CW president Mark Pedowitz informed THR that the network is not moving forward with it, but says at some point they might be open to another Wonder Woman TV series.
We did not go forward with it. It all depends on the script. We were very careful with Arrow and we're being very careful with Flash. These are iconic characters so we're going to be very careful with Wonder Woman. You only get one shot before you get bit.
Previously it was said the series was passed over and put on hold. It was also said the CW Wonder Woman series was to feature a younger Diana first coming to the world of men. Reports of screen tests involving ice cream became known (seriously), which didn't sound promising.
Perhaps in the long run, the CW taking a step back from the project will turn out to be a good thing.
In addition to the CW series, NBC recently passed on the Adrianne Palicki Wonder Woman series.
WB has numerous additional DC TV character shows in development which include Gotham, Hourman, iZombie, The Flash, Constantine, all of which join Arrow. At one point there was even mention of a Spectre series, but no mention has been made regarding that in quite sometime.
(image source: Gal Gadot Facebook Page)