Amendment No. 7 (the "Amendment") To Employment Agreement between The Univision Network Limited Partnership ("Univision") and Ray Rodriguez (the "Employment Agreement") November 14, 2001

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Exhibit 10.34.1

Amendment No. 7 (the "Amendment") To
Employment Agreement between
The Univision Network Limited Partnership ("Univision") and ▇▇▇ ▇▇▇▇▇▇▇▇▇
(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/ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇
	THE UNIVISION NETWORK LIMITED PARTNERSHIP
	By:	/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Chief Financial Officer

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QuickLinks

Exhibit 10.34.1

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