8-K

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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: April 27, 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 April 27, 2000, and attached hereto as an exhibit, relating to the
joint operations with Post Production Services who will provide their digital
encoding service expertise to webADTV.com, Inc., a subsidiary of the Registrant.

         (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 April 27, 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: April 27, 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 April 27, 2000.

EX-99.1

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                                  EXHIBIT 99.1

Contacts
Mintie Das
webADTV
612.925.8895
mdas@webADTV.com

For Immediate Release

    webADTV ANNOUNCES JOINT OPERATIONS WITH POST PRODUCTION SERVICES ("PPS")
      PPS to Provide Extensive Digital Video Encoding Expertise to webADTV

         MINNEAPOLIS, APRIL 27, 2000--webADTV.com(sm) Inc. ("webADTV"), a
subsidiary of iNTELEFILM(sm) (Nasdaq: FILM) announced today that Post Production
Services will provide their digital encoding service expertise to webADTV's
advertising agency tools.

         webADTV is the online digital suite of tools designed to web-enable
all aspects of the global advertising process. webADTV's first product,
iNTELESource, was developed with Excalibur Technologies, AT&T and iNTELEFILM to
provide digitizing and archiving solutions for global advertising agencies. In
addition, webADTV will incorporate the PPS created DigiExpress solution within
the webADTV products' suite, a web-based, platform independent, digital delivery
service that allows advertising agencies to download broadcast quality
commercials to their desktop or tape output devices.

         "We are pleased to be joining forces with PPS. Working with PPS to
construct the foundation for webADTV is a significant step in the larger online
suite of digital webADTV tools. Our goal is to continue to develop our various
products and services with industry experts who understand and appreciate the
needs of the advertising agencies," said webADTV President James G. Gilbertson.

         "webADTV is the perfect base on which to couple our expertise and
showcase our DigiExpress products. We feel this joint operation will have many
benefits for both sides that we hope will ultimately culminate in a product to
benefit the advertising agency industry," said PPS President James Bird.

About PPS

         PPS, Inc., founded in 1981, is a full service digital communications
company providing a comprehensive range of support for the telecommunications
industry including High Definition


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television production and post production, film to tape transfer and color
correction, editorial, graphics, animation, and all aspects of new media
production. For more information about PPS, Inc., contact David Phillippi,
(513) 621-6677, david@pps-inc.com or via the web at www.pps-inc.com.

About webADTV

         webADTV is the online digital suite of tools that will web enable all
aspects of the global advertising process from conception of the media campaign,
production, placement and fulfillment. By providing a series of productivity
features and a wide array of e-commerce solutions designed for transactions
within the advertising community, webADTV will enhance and streamline the
business process for advertising agencies and their clients.




Certain statements made in this press release of a non-historical nature
constitute "forward looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1985. Such forward-looking statements are
subject to certain risks and uncertainties that could cause actual results to
differ materially from those anticipated. Such factors include, but are not
limited to, changes in economic conditions and the risks and uncertainties
described in the Company's Form 10KSB Report as filed for year ended December
31, 1999 with the Securities and Exchange Commission.


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