No. It's not true. There is speculation on the net. There are notable sources that state that Mercy Reef is a sure fire bet. And others that are speculating that it won't be that good of a show- because it's Aquaman- thus, rumors of it not getting picked up. I agree with the pro side- Mercy Reef will become a hit series that fans are skeptical about right now. But, I mean- that's with EVERY super hero property. Nothing is official until May 18th.