U.S. SECURITIES AND EXCHANGE COMMISSION

                           Washington, DC  20549


                                FORM 10-QSB



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


                      SECURITIES EXCHANGE ACT OF 1934


               For the quarterly period ended: June 30, 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  June
   30, 2000 was 2,483,193.

   Transitional Small Business Disclosure Format (check one): Yes___ No X

<PAGE>
<TABLE>
                                   TM Century, Inc.
                                    Balance Sheets
                As of June 30, 2000 (Unaudited) and September 30, 1999
<CAPTION>
                                        ASSETS

                                                                 June 30, 2000    September 30, 1999
                                                                ______________    __________________
       <S>                                                             <C>                 <C>
   CURRENT ASSETS
     Cash and cash equivalents                                  $      521,251      $      354,332
     Accounts receivable less allowance for doubtful
     accounts of $101,592 and $100,000 respectively                    648,602             721,538
     Inventories, net of allowance for obsolescence of $258,545        456,665             446,279
     Prepaid expenses                                                   47,930              31,277
                                                                ______________      ______________
           TOTAL CURRENT ASSETS                                      1,674,448           1,553,426

   PROPERTY AND EQUIPMENT                                            2,686,595           2,563,220
     Less accumulated depreciation and amortization                 (2,229,704)         (2,116,116)
                                                                ______________      ______________
           NET PROPERTY AND EQUIPMENT                                  456,891             447,104

   PRODUCT DEVELOPMENT COSTS, net of accumulated amortization
     of $1,753,678 and $1,630,071 respectively                         369,807             324,094
   COMEDY MATERIAL RIGHTS, net of accumulated amortization
     of $37,200 and $18,600 respectively                                86,800             105,400
   OTHER ASSETS                                                         19,866              19,316
                                                                ______________      ______________
     TOTAL ASSETS                                               $    2,607,812      $    2,449,340
                                                                ==============      ==============
<PAGE>

                         LIABILITIES AND STOCKHOLDERS' EQUITY

   CURRENT LIABILITIES
     Accounts payable                                           $       52,582      $       63,508
     Accrued expenses                                                  134,853             196,978
     Current portion of obligation under capital lease                       0               3,202
     Current portion of note payable                                    33,333              33,333
     Deferred revenue                                                   80,088             127,382
     Customer deposits                                                  38,603              37,623
                                                                ______________      ______________
           TOTAL CURRENT LIABILITIES                                   339,459             462,026

   NOTE PAYABLE, less current portion                                   40,667              65,667
   CUSTOMER DEPOSITS - NONCURRENT                                      137,491              99,114
   ACCRUED SETTLEMENT FOR RIAA DISPUTE                                 405,100             405,100
                                                                ______________      ______________
           TOTAL LIABILITIES                                           922,717           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                                                 671,345             403,683
                                                                ______________      ______________
           TOTAL STOCKHOLDERS' EQUITY                                1,685,095           1,417,433
                                                                ______________      ______________

     TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                 $    2,607,812      $    2,449,340
                                                                ==============      ==============

                       See notes to interim financial statements
</TABLE>
<PAGE>
<TABLE>
                                  TM Century, Inc.
             Statements of Operations and Retained Earnings (Unaudited)
                  For the Three Months Ended June 30, 2000 and 1999


                                                                   2000           1999
                                                               ____________   ___________
       <S>                                                           <C>          <C>
   REVENUES                                                    $  1,764,987   $ 1,544,101
     Less  commissions                                              374,617       292,079
                                                               ____________   ___________
        NET REVENUES                                              1,390,370     1,252,022

   COSTS AND EXPENSES
     Production, programming, and technical costs                   479,544       488,662
     General and administrative costs                               514,864       537,589
     Selling costs                                                  247,736       162,330
     Depreciation and amortization of property and equipment         33,692        71,812
                                                               ____________   ___________
        TOTAL                                                     1,275,836     1,260,393
                                                               ____________   ___________
   OPERATING INCOME (LOSS)                                          114,534        (8,371)

   OTHER INCOME (EXPENSE)
     Interest income                                                  3,316            52
     Other (expense) income, net                                         20        (5,024)
                                                               ____________   ___________
        TOTAL                                                         3,336        (4,972)
                                                               ____________   ___________

   INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES                  117,870       (13,343)

   PROVISION FOR INCOME TAXES                                             0             0
                                                               ____________   ___________

   NET INCOME (LOSS)                                                117,870       (13,343)

   RETAINED EARNINGS, BEGINNING OF PERIOD                           553,475        95,332
                                                               ____________   ___________

   RETAINED EARNINGS, END OF PERIOD                            $    671,345   $    81,989
                                                               ============   ===========

   BASIC INCOME (LOSS) PER COMMON SHARE                        $        .05   $      (.01)
                                                               ============   ===========

   DILUTED INCOME (LOSS) PER COMMON SHARE                      $        .04   $      (.01)
                                                               ============   ===========

   WEIGHTED AVERAGE COMMON SHARES OUTSTANDING                     2,483,193     2,483,193
                                                               ============   ===========

   WEIGHTED AVERAGE COMMON SHARES OUTSTANDING,
   ASSUMING DILUTION                                              2,717,429           N/A
                                                               ============   ===========

                See notes to interim financial statements
</TABLE>
<PAGE>
<TABLE>
                                  TM Century, Inc.
             Statements of Operations and Retained Earnings (Unaudited)
                  For the Nine Months Ended June 30, 2000 and 1999


                                                                   2000           1999
                                                               ____________   ___________
      <S>                                                           <C>            <C>
   REVENUES                                                    $  5,051,778   $ 4,566,828
     Less  commissions                                            1,000,871       879,009
                                                               ____________   ___________
        NET REVENUES                                              4,050,907     3,687,819

   COSTS AND EXPENSES
     Production, programming, and technical costs                 1,436,831     1,592,238
     General and administrative costs                             1,483,847     1,665,240
     Selling costs                                                  746,487       499,854
     Depreciation and amortization of property and equipment        121,588       230,843
     Reduction in carrying value of inventories                           0        12,000
                                                               ____________   ___________
        TOTAL                                                     3,788,753     4,000,175
                                                               ____________   ___________
   OPERATING INCOME (LOSS)                                          262,154      (312,356)

   OTHER INCOME (EXPENSE)
     Interest income                                                  4,454         2,057
     Other (expense) income, net                                      1,054       (23,865)
                                                               ____________   ___________
        TOTAL                                                         5,508       (21,808)
                                                               ____________   ___________

   INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES                  267,662      (334,164)

   PROVISION FOR INCOME TAXES                                             0             0
                                                               ____________   ___________

   NET INCOME (LOSS)                                                267,662      (334,164)

   RETAINED EARNINGS, BEGINNING OF PERIOD                           403,683       416,153
                                                               ____________   ___________

   RETAINED EARNINGS, END OF PERIOD                            $    671,345   $    81,989
                                                               ============   ===========

   BASIC INCOME (LOSS) PER COMMON SHARE                        $        .11   $      (.13)
                                                               ============   ===========

   DILUTED INCOME (LOSS) PER COMMON SHARE                      $        .10   $      (.13)
                                                               ============   ===========

   WEIGHTED AVERAGE COMMON SHARES OUTSTANDING                     2,483,193     2,483,193
                                                               ============   ===========
   WEIGHTED AVERAGE COMMON SHARES OUTSTANDING,
     ASSUMING DILUTION                                            2,706,076           N/A
                                                               ============   ===========

                See notes to interim financial statements
</TABLE>
<PAGE>
<TABLE>
                                  TM Century, Inc.
                         Statement of Cash Flows (Unaudited)
                  For the Nine Months Ended June 30, 2000 and 1999

                                                                         2000          1999
                                                                      ___________   ___________
        <S>                                                               <C>           <C>
   OPERATING ACTIVITIES
        Net income (loss)                                             $   267,662   $  (334,164)
        Adjustments to reconcile net income (loss) to
        net cash provided by operating activities
            Depreciation and amortization of property and equipment       121,588       230,843
            Amortization                                                  142,207       133,797
            Provision for settlement of RIAA dispute                            0        20,100
            Provision for doubtful accounts                                 1,592       (50,332)
            Reduction in carrying value of inventories                          0        12,000
        Increase (decrease) in cash from changes in operating assets
        and liabilities:
            Accounts receivable                                            71,344       223,450
            Inventories                                                   (10,386)       27,480
            Product development costs                                    (169,320)      (92,505)
            Prepaid expenses                                              (16,653)       17,400
            Other assets                                                     (550)            0
            Accounts payable and accrued expenses                         (73,051)      (55,704)
            Deferred revenue                                              (47,294)      (32,960)
            Customer deposits                                              39,357        17,594
                                                                      ___________   ___________
        NET CASH PROVIDED BY OPERATING ACTIVITIES                         326,496       116,999

   INVESTING ACTIVITIES
        Purchases of property and equipment                              (131,375)      (86,923)
                                                                      ___________   ___________
        NET CASH USED BY INVESTING ACTIVITIES                            (131,375)      (86,923)

   FINANCING ACTIVITIES
        Principal payments on note payable                                (25,000)      (16,667)
        Principal payments on capital lease obligations                    (3,202)     (115,910)
                                                                      ___________   ___________
        NET CASH USED BY FINANCING ACTIVITIES                             (28,202)     (132,577)
                                                                      ___________   ___________
   NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                   166,919      (102,501)

   CASH AND CASH EQUIVALENTS  AT BEGINNING OF PERIOD                      354,332       348,957
                                                                      ___________   ___________
   CASH AND CASH EQUIVALENTS AT END OF PERIOD                         $   521,251   $   246,456
                                                                      ===========   ===========

   Supplemental disclosures of cash flow information:

        Cash paid for interest                                        $        46   $     3,765
                                                                      ===========   ===========
        Non-cash investing and financing activities:
           Note payable incurred to purchase Comedy Service           $         0   $   124,000
                                                                      ===========   ===========

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

                              TM CENTURY INC.

                   NOTES TO INTERIM FINANCIAL STATEMENTS

                          JUNE 30, 2000 AND 1999

   1.  BASIS OF PRESENTATION

   The interim financial statements of TM Century, Inc. (the  "Company")
   at June 30, 2000, and  for the three and  nine months ended June  30,
   2000 and 1999, are unaudited, and include all adjustments (consisting
   only of  normal recurring  adjustments) which  the Company  considers
   necessary for a fair presentation.   The September 30, 1999,  balance
   sheet was derived from  the balance sheet  included in the  Company's
   audited financial statements  as filed on  Form 10-KSB  for the  year
   ended September 30,  1999.   Certain amounts  previously reported  in
   prior interim financial statements have been reclassified to  conform
   to the 2000 presentation.

   The accompanying  unaudited  interim  financial  statements  are  for
   interim periods and do not include all disclosures normally  provided
   in annual financial  statements, and  should be  read in  conjunction
   with the Company's  audited financial statements.   The  accompanying
   unaudited interim financial statements for the three and nine  months
   ended June 30, 2000,  are not necessarily  indicative of the  results
   which can be expected for the entire fiscal year.


   2.  LONG-TERM DEBT

   Effective January 2,  1999, the Company  purchased the remaining  50%
   interest of certain comedy material that was written and produced  by
   an individual for  broadcast by radio  stations and  marketed by  the
   Company, resulting in the Company owning 100% of such Comedy Service.
   For consideration of the comedy material  and the Company being  able
   to use the individual's name in connection with promoting the  Comedy
   Service for a period of five years, the Company agreed to pay to  the
   individual a  total  of $124,000,  payable  over five  years  through
   December 2, 2003.

   3.  LEGAL PROCEEDINGS

   On May 22,  1998, the Company  received a letter  from the  Recording
   Industry Association of  America, Inc.  (RIAA) alleging  that it  was
   illegally duplicating sound recordings of the RIAA's member companies
   in its Mobile Beat  Series I and II  and Mobile Beat Holiday  Series.
   The RIAA alleged substantial damages in the amount of $76,000,000 and
   stated that it would consider a pre-complaint settlement.  Settlement
   discussions then ensued  and are continuing.   On June  30, 1998  the
   Company and its  counsel met with  RIAA  and  its counsel.   At  this
   meeting the RIAA made a demand for $3 million to settle the  dispute.
   In September,  1998  mediation  was  undertaken  with  no  settlement
   resulting.
<PAGE>

   Thus far no discovery has been undertaken.  The Company believes that
   it has a meritorious defense to  many of the claims asserted, but  it
   is possible that  it will  not prevail if  the matter  is brought  to
   litigation.   Any  significant  cash amount  paid  in  settlement  or
   awarded in  judgment  would likely  have  an adverse  effect  on  the
   Company.

   The Company recorded a reserve for  possible loss of $385,000 on  the
   terms of  its latest  settlement offer  based on  annual payments  of
   $50,000 over a period of eleven years.  The recorded reserve reflects
   a discount of the  settlement offer using a  discount rate of 8%  per
   annum.  During 1999,  the Company accrued interest  in the amount  of
   $20,100 through June 30, 1999.

   As the RIAA  has rejected the  most recent settlement  offer with  no
   counter offer, the Company will not continue to accrue any additional
   provision for  settlement of  the dispute,  nor will  it continue  to
   accrue legal costs related to the matter, however, it is management's
   opinion that  the  accrual balance  is  a "best  estimate"  based  on
   current circumstances.

   4.  EARNINGS PER SHARE

   Basic earnings  per  share are  calculated  on the  weighted  average
   number of  common  shares  outstanding during  each  period.    Stock
   options exercisable  at  June  30, 2000  had  a  dilutive  effect  on
   Earnings Per Share for the three  and nine month periods ending  June
   30, 2000.  No dilution is shown  for the three and nine months  ended
   June 30, 1999 as the effect would be anti-dilutive for those periods.

<TABLE>
   The following  table  provides  a reconciliation  between  basic  and
   diluted earnings per share:

                                                        Three Months Ended          Nine Months Ended
                                                               June 30                   June 30
                                                      _______________________    _______________________

                                                           2000       1999           2000         1999
                                                           ____       ____           ____         ____
         <S>                                               <C>         <C>            <C>          <C>

   Net Income (Loss)                                  $  117,870   $  (13,343)   $  267,662   $ (334,164)

   Weighted Average Number of Shares Outstanding
         Basic                                         2,483,193    2,483,193     2,483,193    2,483,193
         Dilutive effect of common stock equivalents     234,236            0       222,883            0
                                                      __________   __________    __________   __________
         Diluted                                       2,717,429    2,483,193     2,706,076    2,483,193

   Earnings Per Share:
         Basic Net Income (Loss)                      $      .05   $    (0.01)   $      .11   $    (0.13)
                                                      ==========   ==========    ==========   ==========
         Diluted Net Income (Loss)                    $      .04   $    (0.01)   $      .10   $    (0.13)
                                                      ==========   ==========    ==========   ==========
</TABLE>
<PAGE>

                             TM CENTURY, INC.

                  MANAGEMENT'S DISCUSSION AND ANALYSIS OF

               FINANCIAL CONDITION AND RESULTS OF OPERATION

   TM Century, Inc. (the "Company") is engaged primarily in the
   creation, production, marketing, and worldwide distribution of
   compact disc music libraries, production libraries, comedy services,
   station identification jingles and commercials for broadcast media
   use.

   TM Century's clients include radio and television stations; radio,
   television, satellite and Internet networks; web sites and portals;
   the American Forces Radio Network; numerous advertising agencies and
   commercial businesses.

   Forward-Looking Statements
   __________________________

   This Quarterly Report contains  forward-looking statements about  the
   business, financial  condition  and  prospects of  the  Company  that
   reflect assumptions made by management and management's beliefs based
   on information currently available  to it.  The  Company can give  no
   assurance that  the expectations  indicated by  such  forward-looking
   statements will  be realized.   If  any of  management's  assumptions
   should prove  incorrect, or  if any  of the  risks and  uncertainties
   underlying such expectations should materialize, the Company's actual
   results may differ  materially from those  indicated by the  forward-
   looking statements.

   The key factors that  are not within the  Company's control and  that
   may have a direct bearing on  operating results include, but are  not
   limited to, continued  maturation of the  domestic and  international
   markets for compact disc technology;  acceptance by the customers  of
   the  Company's  existing  and  any  new  products  and  formats;  the
   development by competitors of products using improved or  alternative
   technologies and the potential  obsolescence of technologies used  by
   the Company;  the continued  availability of  software, hardware  and
   other products obtained by the Company from third parties; dependence
   on distributors,  particularly in  the international  market, and  on
   third parties engaged to replicate the Company's products on  compact
   discs; the  retention  of employees;  the  success of  the  Company's
   current  and  future  efforts  to  reduce  operating  expenses;   the
   effectiveness of  new  marketing  strategies;  and  general  economic
   conditions.  Additionally, the  Company may not  have the ability  to
   develop new products cost-effectively.  There may be other risks  and
   uncertainties that management is not able to predict.

   When used  in  this  Quarterly  Report,  words  such  as  "believes",
   "expects",  "intends",  "plans",   "anticipates",  "estimates"   and
   similar  expressions   are  intended   to  identify   forward-looking
   statements, although there may be certain forward-looking  statements
   not accompanied by such expressions.  All forward-looking  statements
   are intended to be covered by the safe harbor created by Section  21E
   of the Securities Exchange Act of 1934.
<PAGE>

   LIQUIDITY AND CAPITAL RESOURCES

   The Company relies upon current sales of music libraries and  jingles
   on terms of cash upon delivery for operating liquidity.  Liquidity is
   also provided by  cash receipts  from customers  under contracts  for
   production libraries and weekly music service contracts having  terms
   of up  to four  years.   The Company  is obligated  to provide  music
   updates throughout the contract terms for both production library and
   weekly music service contracts.   Sales of music libraries,  jingles,
   and the payments  under production library  and weekly music  service
   contracts  will  provide, in  the  opinion  of  management,  adequate
   liquidity to meet operating requirements at least through the end  of
   fiscal 2000.

   During the  quarter ended  June 30,  2000 approximately  $40,000  was
   spent  for  the  purchase   of  property  and  equipment,   primarily
   associated with upgrades  of computer  hardware and  the purchase  of
   equipment  to  be  used  for  replicating  compact  discs   in-house.
   Purchases of property and equipment for  the same period in 1999  was
   $34,000 and included costs  related to the sublease  of a portion  of
   the office and the resultant reconfiguration of the remaining  office
   space. Expenditures  for product  development  for the  quarter  were
   approximately $56,000 and  $25,000 for 2000  and 1999,  respectively.
   Funds for  operating  needs,  new  product  development  and  capital
   expenditures for  the period  were provided  from cash  reserves  and
   operations of the  Company.  The  Company generated  cash flows  from
   operations of  approximately $326,000  and $117,000  during the  nine
   months ended June  30, 2000 and  1999, respectively.   The  Company's
   expenditures for property, equipment, and development of new products
   are discretionary.  Product development expenditures are expected  to
   be approximately  $210,000 in  fiscal 2000.   Management  anticipates
   that cash flow from operations and  cash reserves will be  sufficient
   to meet these capital requirements at least through the end of fiscal
   year 2000.   The  Company has  no other  significant commitments  for
   capital expenditures in fiscal 2000.




   RESULTS OF CONTINUING OPERATIONS

   Comparison of the Three-Month Periods Ended June 30, 1999 and 2000
   __________________________________________________________________

   Revenues increased approximately $221,000 or 14.0% in the three-month
   period ended June  30, 2000 as  compared to the  same period for  the
   previous year.  The revenue increase was primarily due to an increase
   in revenues for production libraries of $192,000, Comedy services  of
   $110,000 and Jingles of $2,900, offset by decreases in revenues  from
   music services of $62,000 and other revenue of $22,000.
<PAGE>

   Revenues of weekly HitDisc services increased $2,000, while  GoldDisc
   revenues decreased  $64,000, resulting  in a  net decrease  in  music
   services revenue  of 8.7%  as  compared to  the  same period  of  the
   previous year. The  decrease in compact  disc music library  revenues
   was primarily due to a decrease  in weekly and recurrent music  sales
   for international  customers.   As  the  compact disc  music  library
   market matures, sales of compact  discs are generated primarily  from
   changes in music formats or sales  of new music libraries or  formats
   rather  than  from  conversions   to  compact  disc  music   delivery
   technology.  The market for compact disc music libraries to broadcast
   customers has reached a substantial level  of maturity in the  United
   States, which is the  market from which the  Company derives most  of
   its  music  library  revenues.    The  Company  has  engaged  in  the
   development of  additional delivery  media for  music services  as  a
   method of increasing product sales.  A decline in revenues from music
   library sales  may result  in a  proportionately greater  decline  in
   operating income because music libraries provide higher margins  than
   the Company's  other  products.   However,  management  believes  the
   introduction of new products will counteract the declines in revenues
   from existing music  libraries.  In  addition, the Company  contracts
   with third party sales representatives  for sales in certain  foreign
   markets.   Changes  in  representatives  and  the  terms  of  ongoing
   agreements are  expected to  favorably  impact future  revenues  from
   international sales.  Renewals  and new sales  growth are subject  to
   customer acceptance of the new products.

   Production library revenues increased $192,000, or 56.0%.   Increases
   in production library revenue  is due to  the continuing increase  in
   advertising sales.    Even  though production  library  revenues  may
   decline due  to the  expiration of  three-year contracts,  management
   believes that  production  libraries  will  continue  to  generate  a
   significant portion  of  overall  revenues  from  sales  of  existing
   products through  advertising/barter arrangements  and sales  of  new
   products.   The  Company  continues to  concentrate  on  new  product
   development in  this category  and has  broadened the  target  market
   beyond the  radio  broadcast  industry to  include  television,  post
   production houses, web  sites and commercial  businesses.  Sales  and
   new sales  growth  are subject  to  customer acceptance  of  the  new
   products.

   Jingles revenue increased  $2,900 or 1.09%  over the  same period  in
   1999 due to a combination of circumstances including increased  sales
   of international jingles and an increase in royalties revenue.

   Commissions increased $82,000 or 28.00%, and reflects the increase in
   barter revenue.  As a  percentage of revenues, commissions  increased
   from 18.9% to 21.2% due to  changes in the revenue structure where  a
   greater percentage of revenue is on barter.

   Production, programming and technical costs decreased $9,000 or 1.9%,
   and as a percentage of revenue  decreased from 31.6% to 27.2%.  Costs
   related to production and shipping  of products decreased 11.7%  over
   the same quarter last  year due to cost  reduction efforts and  staff
   reorganization resulting in  more efficient disc  production.   These
   savings were  offset by  an increase  in royalty  expenses which  are
   driven by sales of production libraries and syndicated jingles.
<PAGE>

   General  and  administrative   costs  decreased   $23,000  or   4.2%,
   reflecting a decrease in legal costs and facilities expenses.

   Selling costs  increased $85,000  or 52.6%,  and as  a percentage  of
   revenues increased from 10.5% to 14.0%.  The increase in expenses was
   created by an increase in the international sales staff to facilitate
   direct international sales efforts, as well as the addition of  sales
   staff members to allow a broadening of the domestic sales market.

   Depreciation and  amortization of  property and  equipment  decreased
   $38,000 or  53.1% and  is primarily  due to  more depreciable  assets
   nearing the end of their depreciable years.

   Comparison of the Nine-Month Periods Ended June 30, 1999 and 2000
   _________________________________________________________________

   Revenues increased approximately $485,000 or 10.6% in the  nine-month
   period ended June  30, 2000 as  compared to the  same period for  the
   previous year.  The revenue increase was primarily due to an increase
   in revenues for production libraries  of $458,000 and Comedy  service
   of $219,000.   Offsetting  these increases  were decreases  in  music
   services revenue of  $120,000, Jingles revenue  of $60,000 and  other
   revenue of $12,000.

   Revenues of weekly HitDisc services decreased $68,000, while GoldDisc
   revenues decreased $52,000, a net decrease of 5.5% as compared to the
   same period for  the previous  year.   The decrease  in compact  disc
   music library revenues was primarily due to a decrease in weekly  and
   recurrent music sales  for international customers.   As the  compact
   disc music  library  market  matures,  sales  of  compact  discs  are
   generated primarily from  changes in music  formats or  sales of  new
   music libraries or  formats rather than  from conversions to  compact
   disc music delivery technology.   The market  for compact disc  music
   libraries to broadcast customers has  reached a substantial level  of
   maturity in the  United States, which  is the market  from which  the
   Company derives most of its music  library revenues. The Company  has
   engaged in the  development of  additional delivery  media for  music
   services as  a method  of increasing  product sales.   A  decline  in
   revenues from music  library sales  may result  in a  proportionately
   greater decline in operating  income because music libraries  provide
   higher  margins  than  the   Company's  other  products.     However,
   management believes the introduction of new products will  counteract
   the declines in revenues from existing music libraries.  In addition,
   the Company  contracts with  third  party sales  representatives  for
   sales in certain foreign markets.  Changes in representatives and the
   terms of ongoing agreements are  expected to favorably impact  future
   revenues from international sales.  Renewals and new sales growth are
   subject to customer acceptance of the new products.
<PAGE>

   Production library revenues increased $458,000, or 48.9%.   Increases
   in production library  revenue is  primarily due  to the  substantial
   increase in  advertising  sales.    Even  though  production  library
   revenues may decline due to  the expiration of three-year  contracts,
   management  believes  that  production  libraries  will  continue  to
   generate a  significant portion  of overall  revenues from  sales  of
   existing products through  advertising/barter arrangements and  sales
   of new products. The Company continues to concentrate on new  product
   development in  this category  and has  broadened the  target  market
   beyond the  radio  broadcast  industry to  include  television,  post
   production houses, web  sites and commercial  businesses.  Sales  and
   new sales  growth  are subject  to  customer acceptance  of  the  new
   products.

   Revenues  for  Jingles  decreased   approximately  $60,000  or   6.6%
   primarily  because  of  a  decrease  in  international  jingle  sales
   compared to the same nine month period in fiscal 1999.

   Comedy network revenues  increased $219,000  or 39.7%  over the  same
   period in the prior year due to strong advertising revenue  generated
   by advertising/barter arrangements with radio industry clients.

   Commissions increased $122,000 or 13.9%, as a result of the  increase
   in barter revenue, offset  by the decrease  in revenues derived  from
   third  party  international  representatives.  As  a  percentage   of
   revenues, commissions increased from 19.2% to 19.8%.

   Production, programming  and technical  costs decreased  $155,000  or
   9.8%, and as a percentage of revenues decreased from 34.9% to  28.4%.
   Costs related to  production and shipping  of products decreased  13%
   over the  same  period  due  to  cost  reduction  efforts  and  staff
   reorganization which resulted in more efficient disc production.

   General and administrative  costs decreased  $181,000 or  10.9% as  a
   result of  the  Company's  continued efforts  in  reducing  operating
   expenses.    These  efforts  include  subleasing  a  portion  of  the
   Company's  office  space,   restructuring  management  salaries   and
   reducing the amount of bad debt  expense by continuing an  aggressive
   collection policy toward accounts receivable.

   Selling costs increased  $247,000 or 49.3%,  and as  a percentage  of
   revenues increased from 11.0% to 14.8%.  The increase in expenses  is
   due to an increase in sales salaries as a result of changes in  sales
   force and in-house commission plans.

   Depreciation and  amortization of  property and  equipment  decreased
   $109,000 or 47.3%  and is primarily  due to  more depreciable  assets
   nearing the end of their depreciable years.
<PAGE>


                        PART II. OTHER INFORMATION

   Item 1. Legal proceedings

   On May 22,  1998, the Company  received a letter  from the  Recording
   Industry Association of  America, Inc.  (RIAA) alleging  that it  was
   illegally duplicating sound recordings of the RIAA's member companies
   in its Mobile Beat  Series I and II  and Mobile Beat Holiday  Series.
   The RIAA alleged substantial damages in the amount of $76,000,000 and
   stated that it would consider a pre-complaint settlement.  Settlement
   discussions then ensued  and are continuing.   On June  30, 1998  the
   Company and its  counsel met with  RIAA  and  its counsel.   At  this
   meeting the RIAA made a demand for $3 million to settle the  dispute.
   In September,  1998  mediation  was  undertaken  with  no  settlement
   resulting.

   Thus far no discovery has been undertaken.  The Company believes that
   it has a meritorious defense to  many of the claims asserted, but  it
   is possible that  it will  not prevail if  the matter  is brought  to
   litigation.   Any  significant  cash amount  paid  in  settlement  or
   awarded in  judgment  would likely  have  an adverse  effect  on  the
   Company.

   The Company recorded a reserve for  possible loss of $385,000 on  the
   terms of  its latest  settlement offer  based on  annual payments  of
   $50,000 over a period of eleven years.  The recorded reserve reflects
   a discount of the  settlement offer using a  discount rate of 8%  per
   annum.  During  1999 the Company  accrued interest in  the amount  of
   $20,100 through June 30, 1999.

   As the RIAA  has rejected the  most recent settlement  offer with  no
   counter offer, the Company will not continue to accrue any additional
   provision for  settlement of  the dispute,  nor will  it continue  to
   accrue legal costs related to the matter, however, it is management's
   opinion that  the  accrual balance  is  a "best  estimate"  based  on
   current circumstances.

   Item 2. Changes in securities - Not applicable.

   Item 3. Defaults upon senior securities - Not applicable.

   Item 4. Submission of matters to a vote of security holders - None

   Item 5. Other information

   Item 6. Exhibits and Reports on Form 8-K

   (a) Exhibits
   Material Contracts: None

   27.1   Financial Data Schedule

   (b) Reports on Form 8-K
   No reports on  Form 8-K were  filed by the  Company during the  three
   month period ending June 30, 2000.
<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 10, 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)