SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, DC 20549


                                    FORM 12b-25

                                                 Commission File Number 0-14234


                            NOTIFICATION OF LATE FILING


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

For Period Ended: April 30, 1999                              _____

|_| 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.

    A foreign  affiliate of the  registrant,  whose  financial  information  is
    required for the  completion of the  registrant's  Form 10-KSB,  has not yet
    completed its financial statements.


                           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?

                                                                |X| Yes   | | 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.

     For the year ended April 30, 1999, the operating results as compared to the
     year ended  April 30,  1998  decreased  by  approximately  $353,000  due to
     decreased revenue generated by the registrant's film library.

     In addition, a substantial  interest charge of approximately  $427,000 will
     be  recognized  in 1999 for a conversion  feature,  beneficial  to the note
     holder, relating to a convertible note issued during the year.

     Preliminary,  the  registrant's  results of operation  will be decreased by
     approximately   $780,000   compared  to  last  fiscal  year's   results  of
     operations.

     The foregoing  quantified  results do not include the accounting which will
     likely apply for the equity interests in the foreign affiliate's results of
     operations.  These results of operations may have a material adverse impact
     on the registrant's results of operations.



                        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   July 28, 1999                            By /s/
                                                --------------------------------
                                                Christopher Trunkey,
                                                Chief Financial Officer



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