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A new article from the Hollywood Reporter states that "Supergirl" has officially been renewed for a second season and will move to The CW network. Here's an excerpt from the article:
Sources say the freshman drama starring Melissa Benoist has been renewed for a second season — on the younger-skewing network.
The move comes as producer Warner Bros. Television had been looking for ways to reduce costs on the series, which ranked as CBS' most expensive first-year show. Despite moving production from Los Angeles to Vancouver (where all of The CW's other DC Comics shows are filmed), CBS ultimately decided that Supergirl's ratings, even with a reduced licensing fee, did not justify a second season.
Read the complete article at The Hollywood Reporter