When I was itty bitty I was a pretty heavy TV watcher (jetsons, big comfy couch, tots TV, puzzle place, etc.) unfortunately I can't remember this one show, all I remember is that there were a bunch of kids who sang songs and there were these two little animal things that looked king of like gremlins (one pink and one blue). Also I think the kids were in like a news studio or something.

Please help me remember my childhood!

That would be KIDSONGS... :) Kidsongs TV Show (http://www.kidsongs.com/shopkidsongs/category.cfm?Category=11)