Fiscal Insanity Returns To Sundance With Rumored $10 Million 'Hamlet 2' Deal

· NBC's Jeff Zucker has been strongly hinting that his network's upfront presentation to advertisers may be scaled back this year, if not eliminated entirely; in lieu of the customary "dog and pony show," Zucker may instead ask lieutenant Ben Silverman to show a 30-second clip of American Gladiators injuries to a ballroom full of media buyers, then circle the room with a burlap sack into which they can place the portion of their ad budgets they'd like to spend on the Peacock's new primetime schedule. [Variety]
· Stop the presses! Sundance's money-burning glory days may have briefly returned! Focus Features has reportedly closed an early morning, locked-in-the-CAA-condo-until-someone-wildly-overpays, $10 million deal for "high-school satire" Hamlet 2. [THR]
[After the jump: The WGA/AMPTP Talks: A New Hope; Selma Blair is close to joining the NBC family; Gladiators still popular. ]

· In other NBC-related news, Selma Blair is in negotiations to join Molly Shannon in cast of the sitcom pilot Kath & Kim, another adaptation of one of those pre-approved foreign hits Silverman loves so dearly. [THR]
· In what could be the most optimistic words written about the WGA/AMPTP war in weeks, Var welcomes the beginning of informal, post-DGA-deal talks between the studios and Guild thusly: "Today could be the beginning of the end of the three-month writers strike." [Variety]
· NBC's block of Must See Screaming At Briefcases And Failed Pro Bodybuilders Shooting Tennis Balls At Part-Time Personal Trainers TV (i.e., Deal or No Deal and Gladiators) romps to Nielsen victory on Monday night. [THR]