The announcement came in an open letter to fans, written by Lobdell and published at Comic Vine.
"I'm thrilled the DC is letting me wrap up the story on a high note as the Teen Titans square off against the N.O.W.H.E.R.E. in a final battle -- bringing to conclusion the conflict that began in the first issue!" Lobdell wrote. "I'm certainly going to miss writing the adventures of Red Robin, Wonder Girl, Bunker and the rest of the gang. But as a huge, life long fan of the title I'm very excited about the whispered rumors I'm hearing race back and forth between New York and Burbank. (Trust me when I say we haven't seen the last of everyone's favorite teen team adventurers.)"
The most likely scenario seems to be a relaunch for The New Teen Titans, the title that Marv Wolfman and George Perez launched in 1980 and still the most beloved and iconic representation of DC's Justice League of Sidekicks. Beyond that, the title Young Justice is a possibility, especially now that it has so much goodwill attached to it as a result of the cancelled-too-soon animated series.
The end of Teen Titans as it currently exists represents the last of the "Young Justice" line of books from the New 52's launch to be cancelled. Rumors on the Internet that The Movement is also on the chopping block may mean that DC is developing a whole new approach to younger superhero characters. Those solicitations coming up on Monday might be pretty interesting...