Roughly a year-and-a-half after NBC decided not to pick up a David E. Kelley-produced Wonder Woman pilot starring Adrianne Palicki (see "NBC Dumps 'Wonder Woman'"), reports indicate that the CW network is developing a new Wonder Woman series, currently titled "Amazon," that will focus like Smallville on the early formative years of an iconic DC Comics superhero.
According to Vulture the new series is being written by Allan Heinberg, who has both TV experience (Grey’s Anatomy, The O.C.) and stints as a comic book writer on Young Avengers, Wonder Woman, and JLA. Since this series is being developed for the CW and not NBC, the shift to a younger character (the Diana in the NBC pilot was a successful businesswoman/nocturnal vigilante) makes sense. Smallville is evidently the template for the new series, but according to Vulture, "instead of a ‘no tights, no flights’ rule, this show might have a ‘no bracelets, no crown’ mandate."
So far the CW has not yet greenlit a pilot, so the revamped Wonder Woman remains some distance from the network schedule, but news that the CW is developing a new Wonder Woman series is strong indication that DC and Warner Bros. (owner of a piece of the CW network) are very serious about exploiting one of DC’s most iconic heroes. Warner Bros. is also developing a Wonder Woman movie with writer Michael Goldenberg working on an adaptation (see "Warners Wants Nolan to Shepherd DC Movies").