INTELEFILM CORP
8-K, 2000-06-22
MOTION PICTURE & VIDEO TAPE PRODUCTION
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                       SECURITIES AND EXCHANGE COMMISSION


                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



                          DATE OF REPORT: June 22, 2000




                             INTELEFILM CORPORATION
             (Exact name of registrant as specified in its charter)


     MINNESOTA                    0-21534                        41-1663712
     ---------                    -------                        ----------
  (State or other          (Commission File No.)           (IRS Employer ID No.)
   jurisdiction
 of incorporation)



             5501 EXCELSIOR BOULEVARD, MINNEAPOLIS, MINNESOTA 55416
             ------------------------------------------------------
                    (Address of principal executive offices)


                                 (612) 925-8840
                                 --------------
              (Registrant's telephone number, including area code)

                Children's Broadcasting Corporation (former name)



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ITEM 5.  OTHER EVENTS.

         (a) Reference is made to the Press Release issued to the public by the
Registrant on June 22, 2000, and attached hereto as an exhibit, relating to the
Letter of Intent executed by webADTV.com, Inc., a subsidiary of the Registrant,
to acquire Cosmic Inventions, a subsidiary of Post Production Services.

         (b) Reference is made to the cautionary statements of the Registrant,
presented in the Registrant's Form 10-KSB for the year ended December 31, 1999.



ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.

         (c) Exhibits

             99.1 Press Release dated June 22, 2000.



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                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated: June 22, 2000                   iNTELEFILM CORPORATION



                                  BY:     /s/ James G. Gilbertson
                                          -----------------------------
                                          James G. Gilbertson
                                  ITS:    Chief Operating Officer





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                                  EXHIBIT INDEX

99.1 Press Release dated June 22, 2000.




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