UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER: 1-9264
CUSIP NUMBER: 143763
(Check One): X Form 10-K __ Form 11-K __ Form 20-F __ Form 10-Q___ Form N-SAR
For Period Ended: Decemeber 31, 1993
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
Carolco Pictures Inc.
Full Name of Registrant
N/A
Former Name if Applicable
8800 Sunset Blvd
Address of Principal Executive Officer (Street and Number)
Los Angeles, California 90069
City, State and Zip Code
PART II - RULES 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 if appropriate).
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 or semi-annual report/portion thereof
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report/portion
thereof will be filed on or before the fifth calendar day following
the prescribed date; and
X (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 the Form 10-K, 11-K, 20-F, 10-Q
or N-SAR or portion thereof, could not be filed within the prescribed time
period.
The historical presentation of the operations of LIVE Entertainment Inc.
("LIVE") in the financial statements of the registrant was materially impacted
by the March 24, 1994 announcement by the companies of an agreement in
principal to a business combination of the two companies. LIVE was formally
a significant partially owned subsidiary of the registrant during the
historical periods presented and the registrant disposed of its investment in
LIVE in October 1993.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
William A. Shpall 310-855-7255
(Name) (Area Code and 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 reports) 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 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.
CAROLCO PICTURES INC.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: March 31, 1994 By: William A. Shpall
Executive Vice President and
Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized
representative's authority to sign on behalf of the registrant shall be filed
with the form.
