U.S. SECURITIES AND EXCHANGE COMMISSION

                           Washington, DC  20549


                                FORM 10-QSB/A

                                Amendment #1

             X  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE


                      SECURITIES EXCHANGE ACT OF 1934


              For the quarterly period ended: March  31, 2000



                TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE


                               EXCHANGE ACT

                        Commission file No. 0-13167


                             TM CENTURY, INC.
        (Name of small business issuer as specified in its charter)


     Delaware                                        73-1220394
   (State of incorporation)           (IRS Employer Identification  No.)


   2002 Academy, Dallas, Texas                              75234
   (Address of principal executive offices)               (Zip Code)

   Issuer's telephone number:                         (972) 406-6800


   Check whether the issuer (1) filed all reports required  to be filed
   by Section 13 or 15(d) of the Exchange Act during the  past 12 months
   (or for such shorter period that the registrant was required to file
   such reports), and (2) has been subject to such filing requirements
   for the past 90 days. Yes   X   No___

   The number of issuer's shares of Common Stock outstanding as of
   March 31, 2000 was 2,483,193.

   Transitional Small Business Disclosure Format (check one): Yes___  No X
<PAGE>
                                   TM CENTURY, INC.
                                  Notes to Amendment

   This amendment is submitted to correct the presentation of the Balance
   Sheets As of March 31, 2000  (Unaudited) and  September 20, 1999.  The
   original submission contained an error in the Current Assets detail. This
   error did not affect the  subtotals, totals or  discussion related to the
   Balance Sheets.
<PAGE>
<TABLE>
                                   TM Century, Inc.
                                    Balance Sheets
                As of March 31, 2000 (Unaudited) and September 30, 1999
<CAPTION>
                                        ASSETS

                                                                  March 31,2000     September 30,1999
                                                                  _____________     _________________
       <S>                                                              <C>                 <C>
   CURRENT ASSETS
      Cash and Cash Equivalents                                    $    531,149          $    354,332
      Accounts receivable less allowance for doubtful accounts
        of $102,398 and $100,000 respectively                           640,676               721,538
      Inventories, net of allowance for obsolescence of $258,545        444,738               446,279
      Prepaid expenses                                                   20,093                31,277
                                                                   ____________          ____________
            TOTAL CURRENT ASSETS                                      1,636,656             1,553,426

   PROPERTY AND EQUIPMENT                                             2,647,002             2,563,220
      Less accumulated depreciation and amortization                 (2,196,012)           (2,116,116)
                                                                   ____________          ____________
            NET PROPERTY AND EQUIPMENT                                  450,990               447,104

   PRODUCT DEVELOPMENT COSTS, net of accumulated
      amortization of $1,709,961 and $1,630,071 respectively            357,876               324,094
   COMEDY MATERIAL RIGHTS, net of accumulated amortization
      of $31,000 and $18,600 respectively                                93,000               105,400
   OTHER ASSETS                                                          19,866                19,316
                                                                   ____________          ____________
      TOTAL ASSETS                                                 $  2,558,388          $  2,449,340
                                                                   ============          ============
<PAGE>
                         LIABILITIES AND STOCKHOLDERS' EQUITY

   CURRENT LIABILITIES
      Accounts payable                                             $     55,168          $     63,508
      Accrued expenses                                                  153,960               196,978
      Current portion of obligation under capital lease                       0                 3,202
      Current portion of note payable                                    33,333                33,333
      Deferred revenue                                                  123,215               127,382
      Customer deposits                                                  33,307                37,623
                                                                   ____________          ____________
            TOTAL CURRENT LIABILITIES                                   398,983               462,026

   NOTE PAYABLE, less current portion                                    49,000                65,667
   CUSTOMER DEPOSITS - NONCURRENT                                       138,080                99,114
   ACCRUED SETTLEMENT FOR RIAA DISPUTE                                  405,100               405,100
                                                                   ____________          ____________
            TOTAL LIABILITIES                                           991,163             1,031,907

   STOCKHOLDERS' EQUITY
      Common stock, $.01 par value; authorized 7,500,000 shares;         29,705                29,705
        2,970,481 shares issued; and 2,483,193 shares outstanding
      Additional paid-in capital                                      2,275,272             2,275,272
      Treasury stock - at cost, 487,288 shares                       (1,291,227)           (1,291,227)
      Retained earnings                                                 553,475               403,683
                                                                   ____________          ____________
            TOTAL STOCKHOLDERS' EQUITY                                1,567,225             1,417,433

      TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                   $  2,558,388          $  2,449,340
                                                                   ============          ============

                 See notes to interim financial statements
</TABLE>
<PAGE>

                                SIGNATURES

   In accordance  with Section  13 or  15(d) of  the Exchange  Act,  the
   registrant caused  this report  to be  signed on  its behalf  by  the
   undersigned thereunto duly authorized.

                                      Dated: August 3, 2000

                                      TM CENTURY, INC.


                                      BY:/s/Teri R.S. James
                                      Teri R.S. James
                                      Vice President of Finance
                                      (Principal Accounting Officer)


                                      BY:/s/R. David Graupner
                                      R. David Graupner
                                      Chief Executive Officer
                                      (Principal Executive Officer)