UNIVISION COMMUNICATIONS INC
SC 13G/A, 1998-02-11
TELEVISION BROADCASTING STATIONS
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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)



*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).

<PAGE>


1    NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
       Stephen P. Rader
  
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                  (a) [X]
                                                  (b) [ ]

3    SEC USE ONLY


4    CITIZENSHIP OR PLACE OF ORGANIZATION

       United States Citizen


NUMBER OF            5    SOLE VOTING POWER
SHARES                                       0
BENEFICIALLY         6    SHARED VOTING POWER
OWNED BY                  2,241,526 Shares Class A Common Stock
EACH                 7    SOLE DISPOSITIVE POWER
REPORTING                                    0
PERSON               8    SHARED DISPOSITIVE POWER
WITH                      2,241,526 Shares Class A Common Stock


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       2,241,526 Shares Class A Common Stock

10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
     CERTAIN SHARES*
                                                         [ ]

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
       9.3% of Class A Common Stock (see response to Item 4)

12   TYPE OF REPORTING PERSON*
                             IN

<PAGE>

1    NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Anne W. Rader
  
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                 (a) [X]
                                                 (b)

3    SEC USE ONLY


4    CITIZENSHIP OR PLACE OF ORGANIZATION

       United States Citizen


NUMBER OF            5    SOLE VOTING POWER
SHARES                                       0
BENEFICIALLY         6    SHARED VOTING POWER
OWNED BY                  2,241,526 Shares Class A Common Stock
EACH                 7    SOLE DISPOSITIVE POWER
REPORTING                                    0
PERSON               8    SHARED DISPOSITIVE POWER
WITH                      2,241,526 Shares Class A Common Stock


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
       2,241,526 Shares Class A Common Stock

10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
     CERTAIN SHARES*

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     9.3% of Class A Common Stock (see response to Item 4)

12   TYPE OF REPORTING PERSON*
                             IN

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:

          Stephen P. Rader
          865 So. Figueroa Street, Suite 700
          Los Angeles, California 90017
          (United States Citizen)

          Anne W. Rader
          865 So. Figueroa Street, Suite 700
          Los Angeles, California 90017
          (United States Citizen)


Item 2(d).     Title of Class of Securities:

          Class A Common Stock


Item 2(e).     CUSIP Number:

          914906102


<PAGE>

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) (see Item 7):
                    
                    Not applicable

     (h)  [ ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(H):

                    Not applicable.

<PAGE>

Item 4.   Ownership 


     Stephen P. Rader 

          (a)  Amount beneficially owned:  2,241,526 Shares Class
               A Common Stock.**

          (b)  Percent of class:  9.3% 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: 
               none 

               (ii)  Shared power to vote or to direct the vote:
               2,241,526 shares of Class A Common Stock

               (iii) Sole power to dispose or direct the
               disposition of:  none

               (iv)  Shared power to dispose or to direct the
               disposition of: 2,241,526 shares of Class A Common
               Stock


     Anne W. Rader 

          (a)  Amount beneficially owned:  2,241,526 shares Class
               A Common Stock.**

          (b)  Percent of class:  9.3% of Class A Common Stock.

          (c)  Number of shares as to which such person has:

               (ii)  Shared power to vote or to direct the vote:
               2,241,526 shares of Class A Common Stock

               (iii) Sole power to dispose or direct the
               disposition of:  none

**  Of the 2,241,526 shares covered by this report, 1,840,228 
shares are beneficially owned by Stephen P. Rader and Anne W. 
Rader as Trustees of the Rader Living Trust dated September 9, 
1994.  The remaining 401,298 shares are beneficially owned by 
Stephen P. Rader and Anne W. Rader as general partners of the 
Rader Family Partnership, L.P. 

<PAGE>

               (iv)  Shared power to dispose or to direct the
               disposition of: 2,241,526 shares of Class A Common
               Stock

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.


          Various persons other than as described in Item 4 have
          the right to receive or the power to direct the receipt
          of dividends from, or the proceeds from the sale of,
          the Common Stock of Univision Communications Inc.

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.


Item 9.   Notice of Dissolution of Group.

          Not applicable.


Item 10.  Certification.

          Not applicable.

<PAGE>

                            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 as of December 31,
1997.


Dated this 10th day of February, 1998.




                              /s/ Stephen P. Rader
                              Stephen P. Rader


                              /s/ Anne W. Rader
                              Anne W. Rader



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