TV STUFF: ‘Felicity’ Transfer?

Will “Felicity” be flunked by the WB? And if it is, will it be granted the equivalent of a summer-school reprieve by ABC? That’s the latest buzz, according to today’s Hollywood Reporter. The sophomore college-life series, starring Keri Russell, Scott Foley and Scott Speedman, is ranked No. 144 for the season to date, which even by the WB’s generous standards is — how should we say? — lousy.

The Reporter says if the WB brings down the ax on the show, ABC might be of a mind to pick it up. It could be a karma thing — the WB previously stole “Sabrina the Teenage Witch” from the alphabet network.

All will be revealed the week of May 15, when all the networks unveil their schedules for the 2000-2001 season.

“South Park” KENNY LIVES (STAN, TOO): “South Park” duo Matt Stone and Trey Parker have inked a new three-year deal with Comedy Central. Per the pact, the team will crank out 10 new episodes a year of their barely animated toon.

“PRACTICE” MAKES PERFECT? The May 21 season finale of ABC’s “The Practice” will feature the TV-land wedding of Bobby Donnell (Dylan McDermott) and Lindsay Dole (Kelli Williams), the network announced today.

MAYBE HE DOESN’T KNOW “READY TO RUMBLE” BOMBED: Actor/toll-free pitchman David Arquette is scheduled to appear on tonight’s “WCW Monday Nitro” (8 p.m. EDT/PDT, TNT) to defend the tag-team title acquired last week when he took down reigning champ Eric Bischoff.

SLUMMING: The divine Barbra Streisand will allow her image to be disseminated over cable’s American Movie Classics for the purposes of a May 30 documentary, “Reel Models: The First Woman of Film.” She’ll executive produce, host and probably cater, too.