It's not dead yet, just catching up on overstock for now, followed by a rebranding later. Like how Transformers gets a packaging refresh ever other year or so.

Simply put, nothing at all. It's not dead, it's not alive. It seems to be in that limbo state where Mattel won't cancel it, but retailers won't support it.

The rumors are that it's getting a complete redesign from scratch for the Green Lantern movie which may serve as a platform to relaunch it.