Within the extensive literature on the role of educational media in children's learning and the factors influencing that learning, the possible impact of media literacy remains unexamined. The present study examines the influence of media literacy on learning from television and hypermedia environments. In a sample of 150 children with a mean age of 5.33, a computer-based test was used to assess media literacy, and recognition and inference questions were used to measure learning. The influence of intelligence, media usage, and socioeconomic status as independent variables was also assessed. Hierarchical regression analyses showed that media literacy was a significant predictor of learning from media, even when controlling for other relevant factors such as intelligence.