Warner put FLASHPOINT on the backburner to focus on standalone movies, but it might still happen in the future.
John Francis Daley and Jonathan Goldstein are currently writing a new draft, which is said to be "very comedic" and with lower stakes, so no time travel, alternate realities, end of the world, etc.
The Rogues are slated to be the villains. Right now the line-up is Captain Cold, Mirror Master and Weather Wizard, but that's subject to change.
Jay Garrick will be featured in a "mentor role". No word on whether he'll be a speedster in it.
Kiersey Clemons and Billy Crudup still set to appear alongside Ezra Miller. Although they're not casting phase yet, WB reportedly wants an A-lister for Jay Garrick (think Brad Pitt or Tom Cruise), while Daley & Goldstein are looking at actors with dramatic and comedic chops for the Rogues.
Channing Tatum is a favorite for Captain Cold, and he's been on WB's radar ever since Phil Lord & Chris Miller were involved with the project, but there have been no formal talks.
WB eyeing 2020 release date. Strong possibility of it being released in November/December like AQUAMAN and WONDER WOMAN 2.