U.S. SECURITIES AND EXCHANGE
                                   COMMISSION
                             WASHINGTON, D.C. 20549

                           NOTIFICATION OF LATE FILING

                                   FORM 12b-25

SEC FILE NUMBER 001-12885                              CUSIP NUMBER 053577 10 2

                                   (Check One)

[   ] Form 10-K and Form 10-KSB            [  ] Form 20-F       [  ] Form 11-K
[ x ] Form 10-Q and Form 10-QSB            [  ] Form N-SAR

         For Period Ended:  March 31, 2003

         [  ] Transition Report on Form 10-K
         [  ] Transition Report on Form 20-F
         [  ] Transition Report on Form 11-K
         [x] Transition Report on Form 10-Q
         [  ] Transition Report on Form N-SAR

         For the Transition Period Ended:

         Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

         If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:


PART I.  REGISTRANT INFORMATION

Full name of Registrant:  Avenue Entertainment Group, Inc.

Former Name if Applicable:

Address of Principal Executive Office:  11111 Santa Monica Blvd.

City, State and Zip Code:  Los Angeles, CA 90025


PART II.  RULES 12b25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed.

                           (Check box if appropriate)

         (a)  The reasons described in reasonable detail in Part III of this
              form could not be eliminated without unreasonable effort or
              expense.



[X]      (b)  The subject annual report, semi-annual report, transition
              report on Form 10-K and 10-KSB, Form 20-F, Form 11-K, or Form
              N-SAR, portion thereof will be filed on or before the fifteenth
              calendar day following the prescribed due date; or the subject
              quarterly report or transition report on Form 10-Q and 10-QSB, or
              portion thereof will be filed on or before the fifth calendar day
              following the prescribed due date; and

         (c)  The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.

PART III.  NARRATIVE

State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and 10-QSB, or N-SAR, or the transition report or portion
thereof could not be filed within the prescribed time period.

Certain officers of the Company were out of town and were not able to sign the
representation letter by the filing date of May 15, 2003.

PART IV.  OTHER INFORMATION

         (1) Name and telephone number of person to contact in regard to this
notification

          Cary Brokaw                 (310)                      996-6800
           (Name)                  (Area Code)                (Telephone No.)

         (2)  Have all other periodic reports required under section 13 or 15(d)
              of the Securities Exchange of 1934 or section 30 of the Investment
              Company Act of 1940 during the preceding 12 months or for such
              shorter period that the registrant was required to file such
              report(s) been filed? If answer is no, identify report(s). [ x ]
              Yes [ ] No

         (3)  Is it anticipated that any significant change in results of
              operations from the corresponding period for the last fiscal year
              will be reflected by the earnings statement to be included in the
              subject report or portion thereof? [ ] Yes [ x ] No

              If so, attach an explanation of the anticipated change, both
              narratively and quantitatively, and, if appropriate, state the
              reasons why a reasonable estimate of the results cannot be made.


                        Avenue Entertainment Group, Inc.
                (Name of Registrant as Specified in its Charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.


Date:  May 16, 2003                          Gene Feldman
                                             Chairman of the Board