In shocking news that absolutely no one could've expected to occur, Netflix has announced that it's passing on reviving the expensive but mildly-viewed Terra Nova. If you recall, we reported a couple of weeks ago that Netflix was interested in bringing Fox's show to their streaming service, but now, it looks like they're no longer interested in the property.
Jason O'Mara and Allison Miller, primary cast members, have both signed on to new pilots, but Fox still has the option to bring them back if they can find a new location for the show. With Netflix passing on it, it seems rather unlikely that they'll be able to do so: a jump to cable might be doable for the occasional cop show, but the drastic budget cut it would require would probably cripple Terra Nova's ability to do much in the way of special effects.
Netflix still has a number of streaming shows in development, including David Fincher's House Of Cards and a few others, but it seems to think that the easiest way to quickly ramp up its offerings in the original show department would be to nab something that's already been aired, as it did with Arrested Development. They're reportedly talking about bringing The River, yet to be officially cancelled, to the service, but again, these talks are all preliminary and anything could theoretically happen. In most cases, one has to expect that the odds are long, as Terra Nova's fate would seem to prove.