PREISS BYRON MULTIMEDIA CO INC
NT 10-Q, 1998-11-16
PREPACKAGED SOFTWARE
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                                  FORM 12b-25

                                                 Commission File Number 1-13084
                                                                        -------
                          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: For the Quarterly Period Ended September 30, 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  Byron Preiss Multimedia Company, Inc.
                        -------------------------------------------------------
Former name if applicable

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Address of principal executive office (Street and number)
                             24 West 25th Street
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City, state and zip code      New York, NY 10010
                         ------------------------------------------------------

                                   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 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;
   | 
   | (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
/X/|     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. (Attach extra sheets if needed.) See 
Exhibit A to Part III attached hereto.

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                                   PART IV
                              OTHER INFORMATION

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

   Mr. James Dellomo                       (212)          886-2302
- --------------------------------------------------------------------------------
       (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?
See A to Part IV attached.
                                                        / / 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.

                    Byron Preiss Multimedia Company, 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: September 16, 1998                By /s/ James Dellomo
      -----------------------           ---------------------------------------
                                        James Dellomo, CFO

        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 respresentative (other than an executive officer), evidence of
    the representative's authority to sign on behalf of the registrant shall be 
    filed with the form.

                                  ATTENTION

    Intentional misstatements or omissions of fact constitute Federal criminal
violations (see 18 U.S.C. 1001).

                             GENERAL INSTRUCTIONS

    1. This form is required by Rule 12b-25 of the General Rules and Regulations
under the Securities Exchange Act of 1934.

    2. One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange Commission,
Washington, DC 20549, in accordance with Rule 0-3 of the General Rules and
Regulations under the Act. The information contained in or filed with the form 
will be made a matter of the public record in the Commission files.

    3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of the
registrant is registered.

    4. Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.

    5. Electronic Filers. This form shall not be used by electronic filers 
unable to timely file a report solely due to electronic difficulties. Filers 
unable to submit a report within the time period prescribed due to  difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.

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                            Exhibit A to Part III
                            ---------------------

         The Form 10-QSB for the quarter ended September 30, 1998 of Byron 
Preiss Multimedia Company, Inc. (the "Company") could not be filed within the
prescribed time without unreasonable effort and expense primarily due to a
combination of the following factors:

    1.   Due to departure of certain key employees which resulted in the delays
in preparing the financial statements.

    2.   Unanticipated delays in obtaining certain financial information from a
distrubutor who bills and collects from our customers and reports the results to
us to be included in our financials.

    3.   The Company accountants, Arthur Andersen LLP is reviewing the 
quarterly report.



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