8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



                                  MAY 14, 2001
                Date of Report (Date of earliest event reported)



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


          MINNESOTA                     0-21534                 95-4333330
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(State or other jurisdiction     (Commission File No.)    (IRS Employer ID No.)
      of incorporation)


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

                                 (952) 925-8840
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              (Registrant's telephone number, including area code)

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ITEM 5.  OTHER EVENTS.

         (a) Reference is made to the Press Release issued to the public by the
Registrant on May 1, 2001, and attached hereto as an exhibit, relating to the
delisting of Company from the Nasdaq Stock Market.

































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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: May 14, 2001                  iNTELEFILM Corporation



                                     BY:     /s/ Christopher T. Dahl
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                                             Christopher T. Dahl
                                     ITS:    Chief Executive Officer

















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                                  EXHIBIT INDEX

99.1     Press Release dated May 1, 2001.






















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EX-99.1

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                                  EXHIBIT 99.1

NEWS RELEASE                                     For:  iNTELEFILM Corporation
ALEX TASSOS & ASSOCIATES                               5501 EXCELSIOR BLVD.
CORPORATE & FINANCIAL PUBLIC RELATIONS                 Minneapolis, MN 55416
17 STONEPOINTE DR.                                     Christopher T. Dahl, CEO
ESCONDIDO, CALIFORNIA 92025                            952-925-8840
Contact: Alex Tassos
760-737-7000


          INTELEFILM CORPORATION RECEIVES DELISTING NOTICE FROM NASDAQ
                                AND PLANS APPEAL

MINNEAPOLIS, MN - May 1, 2001 - iNTELEFILM CORPORATION (NASDAQ:FILM) announced
today that it has received notice from Nasdaq that its shares will be delisted
from the Nasdaq National Market at the opening of business on May 8, 2001, due
to non-compliance with the minimum net tangible worth requirement. However,
iNTELEFILM has requested an oral hearing before a Nasdaq Listing Qualification
Panel to contest the delisting of its shares from the Nasdaq Market. This
hearing request stays the delisting pending the panel's decision.

If iNTELEFILM shares do not continue to be listed on the Nasdaq Stock Market,
trading, if any, would be conducted in the over-the-counter market in the
so-called "pink sheets" or on the OTC Bulletin Board, which was established for
securities that do not meet the Nasdaq Stock Market listing requirements.
Consequently, selling iNTELEFILM shares would be more difficult because smaller
quantities of shares could be bought and sold, transactions could be delayed,
and security analyst and news media coverage of iNTELEFILM may be reduced. These
factors could result in lower prices and larger spreads in the bid and ask
prices for iNTELEFILM shares. There can be no assurance that iNTELEFILM shares
will continue to be listed on the Nasdaq Stock Market.









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