SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File No. 1-9264
NOTIFICATION OF LATE FILING
(Check One): ___ Form 10-K ___ Form 11-K ___ Form 20-F _X_Form 10-Q
___ Form N-SAR
For Period Ended: __June 30, 1995________________________________________
If the notification relates to a portion of the filing checkabove, 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 12b25(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;
(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
(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.
Due to recent layoffs associated with the reduced operations at Carolco
Pictures Inc., completion of the financial statements for the period
ended June 30, 1995 was delayed. Therefore, the financial statements
and Form 10-Q cannot be completed by August 14, 1995 without unreasonable
effort and expense.
(1) Name and telephone number of person to contact in regard to this
notification.
Karen A. Taylor 310-855-7259
(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
hereto duly authorized.
Date August 14, 1995
By Karen A. Taylor
Senior Vice President and
Acting 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
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
