To quote the magic 8 ball, signs point to "yes", and not in a good way. From The Hollywood Reporter:
"Reaper" creators/executive producers Michele Fazekas and Tara Butters have inked a two-year overall deal with 20th Century Fox TV.
Under the seven-figure pact, the duo will join a 20th TV series and develop projects for the studio.
Fazekas and Butters' exclusive deal with 20th TV effectively seals the fate of their bubble CW series as it calls for them to leave "Reaper," produced by ABC Studios, where the two had been based.
20th TV chairman Dana Walden remembers first hearing Fazekas' name more than a decade ago, when writers on the studio's Fox drama "The X-Files" raved about her skills as an assistant to executive producer Frank Spotnitz.