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Exhibit 10.33.1    
  

 
 

Amendment No. 7 (the "Amendment") To
  Employment Agreement between
  Univision Communications Inc. ("Univision") and George W. Blank
  (the "Employment Agreement")    
  

November 14,
2001 

	To:	 	George W. Blank

c/o Univision

Dear
George: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Salary.    Your annual Base Salary rate will be: Five Hundred Forty Thousand Dollars
($540,000) for calendar year 2002. 

        2.    Effective Date of Amendment.    Upon execution by you and Univision, this Amendment will
become effective as of the date first provided above. 

        3.    Other.    Except as provided in this Amendment, all other terms and conditions in the
Employment Agreement will remain in full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	 	 	 	UNIVISION COMMUNICATIONS INC.
	 	 	 	 	 	 
	 	 	 	By:	/s/ ROBERT V. CAHILL
	 
	 	 	 	 	Robert V. Cahill

Vice President	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	/s/ GEORGE W. BLANK
 George W. Blank	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

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Exhibit 10.33.1

Amendment No. 7 (the "Amendment") To Employment Agreement between Univision Communications Inc. ("Univision") and George W. Blank (the "Employment Agreement")QuickLinks
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Exhibit 10.34  

 
 

Amendment No. 8 (the "Amendment") To
  Employment Agreement between
  The Univision Network Limited Partnership ("Univision") and Ray Rodriguez
  (the "Employment Agreement")    
  

        December 17, 2001 

	To:	 	Ray Rodriguez

c/o Univision

Dear Ray: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Term. The Term of the Employment Agreement is extended through December 31, 2004, unless earlier terminated in
accordance with the provisions of the Employment Agreement. 

        2.    Salary. Your annual Base Salary rate will be Eight Hundred Thousand Dollars ($800,000) for the annual period from
January 1, 2004 through December 31, 2004. 

        3.    Effective Date of Amendment. Upon execution by you and Univision, this Amendment will become effective as of the date
first provided above. 

        4.    Notices. Any notice to Univision's General Counsel shall be sent to the following address: Univision, 5999 Center Drive,
Los Angeles, California 90045. 

        5.    Other. Except as provided in this Amendment, all other terms and conditions in the Employment Agreement will remain in
full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	

 	
 	

THE UNIVISION NETWORK

LIMITED PARTNERSHIP
	

 	
 	

By:	
 	

/s/  GEORGE W. BLANK      

	 	 	 	 	George W. Blank
	 	 	 	 	Chief Financial Officer
	

/s/  RAY RODRIGUEZ      
 Ray Rodriguez	
 	

 	
 	

 

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Amendment No. 8 (the "Amendment") To Employment Agreement between The Univision Network Limited Partnership ("Univision") and Ray Rodriguez (the "Employment Agreement")QuickLinks
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Exhibit 10.34.1    
  

 
 

Amendment No. 7 (the "Amendment") To
  Employment Agreement between
  The Univision Network Limited Partnership ("Univision") and Ray Rodriguez
  (the "Employment Agreement")    
  

November 14,
2001 

        In
order to assist Univision during the current difficult economic climate, I have volunteered to forego any raise called for by my employment agreement and to have my base pay reduced
to Seven Hundred Twenty Thousand Dollars ($720,000) for the period January 1, 2002 through December 31, 2002. All other terms and conditions will remain unchanged. 

	 	 	 	 
	 	/s/ RAY RODRIGUEZ
 Ray Rodriguez	 
	 	 	 	 
	 	 	 	 
	 	THE UNIVISION NETWORK

LIMITED PARTNERSHIP	 
	 	 	 	 
	 	By:	/s/ GEORGE W. BLANK
 George W. Blank

Chief Financial Officer	 
	 	 	 	 
	 	 	 	 

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Exhibit 10.34.1

Amendment No. 7 (the "Amendment") To Employment Agreement between The Univision Network Limited Partnership ("Univision") and Ray Rodriguez (the "Employment Agreement")QuickLinks
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Exhibit 10.35  

 
 

Amendment No. 3 (the "Amendment") To
  Employment Agreement between
  Univision Communications Inc. ("Univision") and Douglas Kranwinkle
  (the "Employment Agreement")    
  

        December 17, 2001 

	To:	 	Douglas Kranwinkle

c/o Univision

Dear Douglas: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Term. The Term of the Employment Agreement is extended through December 31, 2004, unless earlier terminated in
accordance with the provisions of the Employment Agreement. 

        2.    Salary. Your annual Base Salary rate will be: Six Hundred Thousand Dollars ($600,000) for the annual period from
January 1, 2004 through December 31, 2004. 

        3.    Effective Date of Amendment. Upon execution by you and Univision, this Amendment will become effective as of the date
first provided above. 

        4.    Notices. Any notice to Univision's General Counsel shall be sent to the following address: Univision, 5999 Center Drive,
Los Angeles, California 90045. 

        5.    Other. Except as provided in this Amendment, all other terms and conditions in the Employment Agreement will remain in
full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	

 	
 	

UNIVISION COMMUNICATIONS INC.
	

 	
 	

By:	
 	

/s/  GEORGE W. BLANK      

	 	 	 	 	George W. Blank
	 	 	 	 	Chief Financial Officer
	

/s/  DOUGLAS KRANWINKLE      
 Douglas Kranwinkle	
 	

 	
 	

 

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Amendment No. 3 (the "Amendment") To Employment Agreement between Univision Communications Inc. ("Univision") and Douglas Kranwinkle (the "Employment Agreement")QuickLinks
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Exhibit 10.35.1    
  

 
 

Amendment No. 2 (the "Amendment") To
  Employment Agreement between
  Univision Communications Inc. ("Univision") and Douglas Kranwinkle
  (the "Employment Agreement")    
  

November 14,
2001 

	To:	 	Douglas Kranwinkle

c/o Univision

Dear
Doug: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Salary.    Your annual Base Salary rate will be: Five Hundred Forty Thousand Dollars
($540,000) for calendar year 2002. 

        2.    Effective Date of Amendment.    Upon execution by you and Univision, this Amendment will
become effective as of the date first provided above. 

        3.    Other.    Except as provided in this Amendment, all other terms and conditions in the
Employment Agreement will remain in full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	 	 	 	UNIVISION COMMUNICATIONS INC.
	 	 	 	 	 	 
	 	 	 	By:	/s/ GEORGE W. BLANK
 George W. Blank

Chief Financial Officer	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	/s/ DOUGLAS KRANWINKLE
 Douglas Kranwinkle	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

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Exhibit 10.35.1

Amendment No. 2 (the "Amendment") To Employment Agreement between Univision Communications Inc. ("Univision") and Douglas Kranwinkle (the "Employment Agreement")QuickLinks
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Exhibit 10.36    
  

 
 

Amendment No. 7 (the "Amendment") To
  Employment Agreement between
  Univision Communications Inc. ("Univision") and Andrew Hobson
  (the "Employment Agreement")    
  

December 17,
2001 

	 
	 	 

	To:	 	Andrew Hobson
	 	 	c/o Univision

Dear
Andrew: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Term. The Term of the Employment Agreement is extended through December 31, 2004, unless earlier terminated in
accordance with the provisions of the Employment Agreement. 

        2.    Salary. Your annual Base Salary rate will be: Six Hundred Thousand Dollars ($600,000) for the annual period from
January 1, 2004 through December 31, 2004. 

        3.    Effective Date of Amendment. Upon execution by you and Univision, this Amendment will become effective as of the date
first provided above. 

        4.    Notices. Any notice to Univision's General Counsel shall be sent to the following address: Univision, 5999 Center Drive,
Los Angeles, California 90045. 

        5.    Other. Except as provided in this Amendment, all other terms and conditions in the Employment Agreement will remain in
full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	 	 	UNIVISION COMMUNICATIONS INC.
	

 	
 	

 	
 	

 
	

 	
 	

By:	
 	

/s/  GEORGE W. BLANK      
 George W. Blank
 Chief Financial Officer
	

 	
 	

 	
 	

 
	/s/  ANDREW HOBSON      
 Andrew Hobson	 	 	 	 

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Exhibit 10.36

Amendment No. 7 (the "Amendment") To Employment Agreement between Univision Communications Inc. ("Univision") and Andrew Hobson (the "Employment Agreement")QuickLinks
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Exhibit 10.36.1    
  

 
 

Amendment No. 6 (the "Amendment") To
  Employment Agreement between
  Univision Communications Inc. ("Univision") and Andrew Hobson
  (the "Employment Agreement")    
  

November 14,
2001 

	To:	 	Andrew Hobson

c/o Univision

Dear
Andy: 

You
and Univision agree to amend the Employment Agreement as follows: 

        1.    Salary.    Your annual Base Salary rate will be: Five Hundred Forty Thousand Dollars
($540,000) for calendar year 2002. 

        2.    Effective Date of Amendment.    Upon execution by you and Univision, this Amendment will
become effective as of the date first provided above. 

        3.    Other.    Except as provided in this Amendment, all other terms and conditions in the
Employment Agreement will remain in full force and effect, and the Employment Agreement, as amended hereby, is ratified and confirmed. 

	 	 	 	UNIVISION COMMUNICATIONS INC.
	 	 	 	 	 	 
	 	 	 	By:	/s/ GEORGE W. BLANK
 George W. Blank

Chief Financial Officer	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	/s/ ANDREW HOBSON
 Andrew Hobson	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

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Exhibit 10.36.1

Amendment No. 6 (the "Amendment") To Employment Agreement between Univision Communications Inc. ("Univision") and Andrew Hobson (the "Employment Agreement")

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