The main takeaway from this is that the subject in question here, a green Muppet frog, is engaging in gossip, aka, "tea." What's the "tea" on a situation? I.e., what's the gossip or inside scoop ...

Jane Austen may not be everyone's cup of tea, but in the hands of The Muppets, this romantic, yet stuffy affair can be made electric with an extra dash of wit and Pepé the King Prawn's fiery temper.