I heard CW wants nothing to do with this, is this true?

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.

 

I hope this show gets picked up....