Oops - apparently I jumped the gun with what I inferred from that Variety article:
In other casting news, according to The Hollywood Reporter, Sam Page ("All My Children") will take the male lead in FOX's drama "Point Pleasant," about the impact on a beach community when a mysterious girl (Elisabeth Harnois) washes ashore.
So, I suppose the potential scheduling conflict issue with a WB DS is back in play - for the time being at least...