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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(Amendment No. ___)<1>
Univision Communications Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
914906102
(CUSIP Number)
_______________________________
[FN]
<1> The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
[FN]
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
A. Jerrold Perenchio
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<1>
(a) [X]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
NUMBER OF :
SHARES : 5 SOLE VOTING POWER
BENEFICIALLY : 21,921,837 Shares Class A Common Stock
OWNED BY : 6 SHARED VOTING POWER
EACH : 0
REPORTING : 7 SOLE DISPOSITIVE POWER
PERSON : 21,480,402 Shares Class A Common Stock
WITH : 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,921,837 Shares Class A Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES<1>
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
65.1% of Class A Common Stock
(see response to Item 4)
12 TYPE OF REPORTING PERSON<1>
IN
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Margaret Perenchio
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<1>
(a) [X]
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States Citizen
NUMBER OF :
SHARES : 5 SOLE VOTING POWER
BENEFICIALLY : 0 Shares Class A Common Stock
OWNED BY : 6 SHARED VOTING POWER
EACH : 0
REPORTING : 7 SOLE DISPOSITIVE POWER
PERSON : 441,435 Shares Class A Common Stock
WITH : 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,921,837 Shares Common Stock
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES<1>
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
65.1% of Class A Common Stock (see response to Item 4)
12 TYPE OF REPORTING PERSON<1>
IN
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Item 1(a). Name of Issuer:
Univision Communications Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
1999 Avenue of the Stars, Suite 3050
Los Angeles, California 90067
Item 2(a). Name of Persons Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
A. Jerrold Perenchio
1999 Avenue of the Stars, Suite 3050
Los Angeles, California 90067
(United States Citizen)
Margaret Perenchio
1999 Avenue of the Stars, Suite 3050
Los Angeles, California 90067
(United States Citizen)
Item 2(d). Title of Class of Securities:
Class A Common Stock<2>
Item 2(e). CUSIP Number:
914906102
________________________________
[FN]
<2> The securities that give rise to this reporting obligation
are shares of Class P Common Stock, which are convertible into
Class A Common Stock on a share for share basis (other than 100
shares of Class A Common Stock that Mr. Perenchio owns directly).
Pursuant to Rule 13d-3(d)(1)(i), such shares of Class P Common
Stock shall be deemed to be outstanding shares of Class A Common
Stock for the purpose of computing the percentage of outstanding
securities of Class A Common Stock deemed beneficially owned by
the persons filing this report.
[FN]
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Item 3. If this statement is filed pursuant to Rules
13d-1(b), or 13d-2(b), check whether the person
filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of
the Act:
Not applicable
(b) [ ] Bank as defined in Section 3(a)(6) of the Act:
Not applicable
(c) [ ] Insurance Company as defined in Section
3(a)(19) of the Act:
Not applicable
(d) [ ] Investment Company registered under Section 8
of the Investment Company Act:
Not applicable
(e) [ ] Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940:
Not applicable
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund (see 13d-1(b)(1)(ii)(F)):
Not applicable
(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G):
Not applicable
(h) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(H):
Not applicable.
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Item 4. Ownership<3>
A. Jerrold Perenchio
(a) Amount beneficially owned: 21,921,837 shares
Class A Common Stock.<4>
(b) Percent of class: 65.1% of Class A Common
Stock.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
21,921,837 shares of Class A Common Stock.
(ii) Shared power to vote or to direct the
vote: none.
(iii) Sole power to dispose or direct the
disposition of: 21,480,402 shares of Class A
Common Stock.
(iv) Shared power to dispose or to direct the
disposition of: none.
Margaret Perenchio
(a) Amount beneficially owned: 21,921,837 shares
Class A Common Stock.<4>
(b) Percent of class: 65.1% of Class A Common
Stock.
(c) Number of shares as to which such person has:
_________________________
[FN]
<3> The filing of this Schedule 13G shall not be construed as an
admission that the reporting person or any of its affiliates is
the beneficial owner of any securities covered by this Schedule
13G for any other purposes than Section 13(d) of the Securities
Exchange Act of 1934.
<4> Of the 21,921,837 shares covered by this report, 441,435 shares
are beneficially owned by Margaret Perenchio, A. Jerrold
Perenchio's spouse, as her separate property. Mr. Perenchio has
sole power to vote these shares pursuant to a proxy, but Mrs.
Perenchio has sole power to dispose of or direct the disposition
of these shares. Of the remaining 21,480,402 shares, 19,466,694
are owned by Mr. Perenchio in his individual capacity, 6,017 are
owned indirectly through a limited partnership and 2,007,691 are
owned by Mr. Perenchio in his capacity as sole trustee of the
Jerry Perenchio Living Trust, a revocable grantor trust.
[FN]
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(i) Sole power to vote or to direct the vote:
441,435 shares of Class A Common Stock.
(ii) Shared power to vote or to direct the vote:
none.
(iii) Sole power to dispose or direct the
disposition of: 441,435 shares of Class A Common
Stock.
(iv) Shared power to dispose or to direct the
disposition of: none.
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Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the
Group.
Not applicable. (See Exhibit A)
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
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SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.
Dated this 10th day of February, 1997.
/s/__A. Jerrold Perenchio__
A. Jerrold Perenchio
/s/__Margaret Perenchio__
Margaret Perenchio
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Exhibit A
JOINT FILING AGREEMENT
The undersigned acknowledge and agree that the
foregoing statement on Schedule 13G is filed on behalf of each of
the undersigned and that all subsequent amendments to this
statement on Schedule 13G shall be filed on behalf of each of the
undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each
shall be responsible for the timely filing of such amendments,
and for the completeness and accuracy of the information
concerning him or it contained therein, but shall not be
responsible for the completeness and accuracy of the information
concerning the other, except to the extent that he or it knows or
has reason to believe that such information is accurate.
Dated: February 10, 1997
/s/__A. Jerrold Perenchio__
A. Jerrold Perenchio
/s/__ Margaret Perenchio__
Margaret Perenchio
