
<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                                                            File No. ___________

                           NOTIFICATION OF LATE FILING

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

      For Period Ended: December 31, 2000

|_|  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:
                                                       -------------------------

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                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant             Streamedia Communications, Inc
                       ---------------------------------------------------------
Former name if applicable:
                           -----------------------------------------------------
Address of principal executive office
(Street and number):              244 West 54th Street, 12th Floor
                    ------------------------------------------------------------
City, state and zip code:               New York, New York 10019
                         -------------------------------------------------------

                                     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 l2b-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;

|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
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      (c)   The accountant's statement or other exhibit required by Rule 12b-25
            (c) has been attached if applicable.
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                                    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.)

            The Company requires additional time to prepare the Company's Annual
      Report on Form 10-K for the fiscal year ended December 31, 2000 to be
      filed by the Company. The unusual effort and expense includes the
      gathering of certain necessary information and drafting certain sections
      as a result of the limited personnel and other resources of the
      Registrant.

                                     PART IV
                                OTHER INFORMATION

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

            John Smith                       (212) 445-1700 X131
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            (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.
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                         Streamedia Communications, Inc.
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                  (Name of Registrant as Specified in Charter)

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

Date  March 29, 2001         By /s/ Henry Siegel
                             ---------------------------------------------------
                             Henry Siegel, 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 (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 solely 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.
