OMG!!! I recently found out that in 2011 Bryan Synger is directing the movie! (Yes, the guy who also directed X-men and Superman Returns). I found out by randomly Googleing Teen Titans and i found the movie poster and did more reaserch on it. I tried imdb.com but u have to be the subscribing person to learn more about it. Here is the awesome super kool movie poster:

th02.deviantart.net/fs9/300W/i/2006/048/7/c/Teen_Titan...gif

you may have to copy and paste on the search bar. =) enjoy!
(and yes i do realize that it is fake but it's still cool to think about it :) right?)