March 2, 2011
It looks like The Cape's adventures are over. The low-rated superhero series first had its episode order cut back last month, and now NBC has announced that the show's season finale will air as a special online episode at NBC.com.
It was originally planned to have the season's final episode air as part of a double-header on February 28, but the network opted to only air one episode that evening. Instead, NBC added a notice on its website that read, "The creators of The Cape are prepping an exclusive episode just for online fans! Keep watching this site in the days ahead to see a full-length special episode."
While NBC has not officially confirmed that The Cape has been canceled, this online-only episode all but ensures that the series will end at one season.
(Source: TV Line)