· NBC commanded an appropriately world-record-breaking ratings win over the other four networks thanks to Michael Phelps and the rest of their Olympics coverage; but CBS's Big Brother managed to hold its own, due in no small part to a competitively themed Drown the Old Guy in Slop episode that tested the outer limits of senior contestant Jerry's will to live. [Variety]
· She lost the weight, she's feeling great, and now she's ready to work: Valerie Bertinelli will return to her sitcom roots with a half-four TBS comedy about a single mum "who struggles to care for two kids and a lumber business." Even more exciting? Bonnie Franklin is in talks to play a stack of two-by-fours! [Variety]
· Fox News Channel is sprucing up its Facebook page with a video clip library, enhanced feedback applications, and anchor status updates alerting you that "Bill O'Reilly is...totally nuts for WALL-E even though he knows he shouldn't be :P!!!" [Variety]
·James McAvoy and Emily Blunt will voice the title gnomes is Gnomio and Juliet, playing starcrossed Travelocity pitchmen from "rival gardens" in a computer-animated Miramax feature. [THR]
·ABC is going forward with Supermanny, a male version of Supernanny, in which bratty problem-children will be dazzled into submission by their new hunky caregiver's rippling abs and dreamy smile. [THR]

[Photo via BWE.tv]

Tags: abc | nbc | olympics | supermanny | supernanny | trade roundup | valerie bertinelli