This seems like a good deal of fun as well as something that might encourage some interesting, creative approaches to Shakespeare.
The St. Paul Pioneer Press is sponsoring a context ("Brush up your Shakespeare; Start Filming him Now" seems to be one of the tag lines). They're calling for films that are forty-five seconds or shorter that have something to do with Shakespeare:
"We'll consider anything, no matter how wondrous strange. Want to do a hip-hop version of Sonnet 18? A highly condensed version of Romeo and Juliet with an all-cat cast? Henry V’s band of brothers speech in Klingon? Lay on, Macduff."
I'm embedding the official promotional video below. Watch it—and then make something to submit. I know I will!
Links: Information about the Contest.