DC/WB have a pretty amazing set up which will most likely never actually go anywhere and it saddens me. They actually have the opportunity to combine their TV and Cinematic universes by doing a Crisis on Infinite Earth's storyline. Geoff Johns has been quoted as saying, "We look at it as the multiverse. We have our TV universe and our film universe, but they all co-exist." This is perfect because it allows all the series to do their own thing, but if they so choose they can do a cross over with each other by introducing alternate universes within the multiverse.
We already have Crisis being teased in the CW's Arrow/Flash universe because we've seen the future news paper article stating "Flash Missing. Vanishes in Crisis". On NBC's, Constantine we have this mysterious darkness which continues to rise, which is most likely the Great Darkness from Swamp Thing. In that series, the Brujeria attempted to waken the Greater Darkness during DC's Crisis on Infinite Earth's storyline. That's already two shows on two different networks which are working towards one of the biggest multiverse stories in DC.
DC Comics has the perfect opportunity to work their way towards doing a massive Crisis on Infinite Earths storyline which connects their TV universe with the Cinematic universe, but still allowing them to remain their own thing afterwards. Stephen Amell himself was very excited about the possibility and mentioned how neat it would be to cross over with Constantine, since they are starting to move into the magic territory on Arrow. I have to agree with the man. I would absolutely love to see this happen. Like I said, it probably won't ever go anywhere, (lots of legal reasons), but it would blow everyone away if they could make it work. Marvel recently made peace with Sony to get Spider-Man, so I say there is still hope for DC.
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