UNIVISION COMMUNICATIONS INC
EXHIBIT 10.32
<DOCUMENT>
<TYPE>EX-10.32
<SEQUENCE>3
<FILENAME>a2040170zex-10_32.txt
<DESCRIPTION>EXHIBIT 10.32
<TEXT>

<PAGE>

                                                                   EXHIBIT 10.32

                      AMENDMENT NO. 6 (THE "AMENDMENT") TO
                          EMPLOYMENT AGREEMENT BETWEEN
         UNIVISION COMMUNICATIONS INC. ("UNIVISION") AND GEORGE W. BLANK
                          (THE "EMPLOYMENT AGREEMENT")

                                December 31, 2000


Dear George:

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

         1. TERM. The Term of the Employment Agreement is extended through
December 31, 2003, 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, 2003 through December
31, 2003.

         3. EFFECTIVE DATE OF AMENDMENT. Upon execution by you and Univision,
this Amendment will become effective as of the date first provided above.

         4. 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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