SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC 20549


                                    FORM 12b-25

                                                 Commission File Number 0-14234


                            NOTIFICATION OF LATE FILING


(Check One):  | |Form 10-K   |_|  Form 11-K   |_|  Form 20-F    |X|  Form 10-Q

For Period Ended: October 31, 1998                              _____ 
        
|_| Transition Report on Form 10-K          |_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F          |_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K

For the Transition Period Ended:                                  ___           

     Read attached  instruction  sheet before  preparing  form.  Please print or
type.

     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: KINGS ROAD ENTERTAINMENT, INC.                      
Former name if applicable
                                                                                
Address of principal executive office (Street and number)
                               1901 Avenue of the Stars, Suite 1545           
City, State and Zip Code  Los Angeles, California 90067


                         Part II. Rule 12b-25 (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 appropriate box.)


|X|       (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,  20-F,  11-K or Form N-SAR,  or portion  thereof will be
          filed on or before the 15th calendar day following the  prescribed due
          date; or the subject  quarterly  report or  transition  report on Form
          10-Q, 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,  11-K,  20-F, 10-Q,
N-SAR or the  transition  report  portion  thereof could not be filed within the
prescribed time period.

     Failure of computer equipment required for filing.


                           Part IV. Other Information


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

               Joseph L. Cannella      (212)             826-2000               
________________________________________________________________________________
                    (Name)          (Area code)      (Telephone number)

     (2) Have all other periodic  reports  required under Section 13 or 15(d) of
the Securities  Exchange Act 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 the 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 statements 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.



                        KINGS ROAD ENTERTAINMENT, INC.
________________________________________________________________________________
                  (Name of registrant as specified in charter)

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

Date   December 15, 1998                      By /s/
                                                --------------------------------
                                                Christopher Trunkey,
                                                Chief Financial Officer



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