UNIVISION COMMUNICATIONS INC
SC 13D/A, 2000-09-01
TELEVISION BROADCASTING STATIONS
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<PAGE>
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13D

                 Under the Securities Exchange Act of 1934
                            (Amendment No.    1    )*
                                          ---------

                      Entravision Communications Corporation
           --------------------------------------------------------
                                (Name of Issuer)

                             Class A Common Stock
           --------------------------------------------------------
                          (Title of Class of Securities)

                                  29382R 10 7
           --------------------------------------------------------
                                 (CUSIP Number)

                          Univision Communications Inc.
                      1999 Avenue of the Stars, Suite 3050
                          Los Angeles, California  90067
           --------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                August 29, 2000
           --------------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

   If the  filing  person has  previously filed a  statement on Schedule 13G to
report the  acquisition  which  is the  subject  of this  Schedule 13D,  and is
filing this  schedule  because of Rule 13d-1(b)(3) or (4),  check the following
box / /.

   NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

   *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).


                        (Continued on following page(s))

                              Page 1 of  7  Pages
                                        ---


<PAGE>

CUSIP No. 29382R 10 7                 13D
          ------------


-------------------------------------------------------------------------------
 (1) Name of Reporting Persons.

     Univision Communications Inc.
-------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
-------------------------------------------------------------------------------
 (3) SEC Use Only

-------------------------------------------------------------------------------
 (4) Source of Funds*
     BK, WC
-------------------------------------------------------------------------------
 (5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)                                          /  /
-------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
     DELAWARE
-------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting
 Beneficially Owned                 Power                      0
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting
                                    Power             30,775,334
                             --------------------------------------------------
                              (9) Sole Dispositive
                                    Power                      0
                             --------------------------------------------------
                             (10) Shared Dispositive
                                    Power             30,775,334
-------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
     30,775,334
-------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
                                                                  /  /
-------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
     26.7%
-------------------------------------------------------------------------------
(14) Type of Reporting Person*
     CO
-------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!

                                      2
<PAGE>

CUSIP No. 29382R 10 7                 13D
          ------------


-------------------------------------------------------------------------------
 (1) Name of Reporting Persons.

     A. Jerrold Perenchio
-------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  /X/
-------------------------------------------------------------------------------
 (3) SEC Use Only

-------------------------------------------------------------------------------
 (4) Source of Funds*

-------------------------------------------------------------------------------
 (5) Check Box if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)                                    /  /
-------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
     U.S. CITIZEN
-------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting
 Beneficially Owned                 Power                       0
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting
                                    Power              30,775,334
                             --------------------------------------------------
                              (9) Sole Dispositive
                                    Power                       0
                             --------------------------------------------------
                             (10) Shared Dispositive
                                    Power              30,775,334
-------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
     30,775,334
-------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
                                                            /  /
-------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
     26.7%
-------------------------------------------------------------------------------
(14) Type of Reporting Person*
     IN
-------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!

                                       3
<PAGE>



                                    PREAMBLE

     The filing of this Schedule 13D is not, and should not be, an admission
that such 13D is required to be filed.  See discussion under Item 2.

ITEM 1.  SECURITY AND ISSUER.

         The classes of equity security to which this statement on form
Schedule 13D relates is the Class A common stock ("Securities") of
Entravision Communications Corporation (the "Issuer"), a Delaware
corporation, with principal offices located at 2425 Olympic Blvd., Suite 6000
West, Santa Monica, CA  90404.  Of the 30,775,334 shares of Class A common
stock to which this Schedule 13D relates, 21,983,392 shares are shares of
Class C common stock of the Issuer convertible by Univision Communications
Inc., a Delaware corporation ("Univision") at any time.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         In connection with Issuer's reorganization on August 7, 2000,
Univision exchanged the $120,000,000 promissory note and option it had
acquired from the Issuer's predecessor for 21,983,392 shares of the Issuer's
Class C common stock.  Univision purchased 6,464,542 shares of the Issuer's
Class A common stock offered by the Issuer in its initial public offering
directly from the Issuer on August 7, 2000 for approximately $100,000,000.
The remaining Class A shares were purchased in the open market between August
7, 2000 and the date this Amendment No. 1 to Schedule 13D is being filed.
The Reporting Persons used bank borrowings under their credit facility with a
syndicate of commercial banks and other lenders and working capital for all
purchases of the Class A shares.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

         (a)  The aggregate number of Securities to which this Schedule 13D
relates is 30,775,334 shares, representing 26.7% of the outstanding
115,287,989 shares of the Issuer's Class A common stock (assuming the
Issuer's Class B and Class C common stock have been converted).  A total of
21,983,392 of the Securities are Class C shares that may be converted at any
time by the Reporting Persons to Class A shares.  The conversion ratio is
1:1.

         Mr. Perenchio may be deemed to have beneficial ownership of the
Securities beneficially owned by Univision (although he specifically
disclaims such beneficial ownership).  The remaining Covered Persons disclaim
beneficial ownership of the Securities.

        (b)  Each of the Reporting Persons has the shared power to vote or
direct the vote and shared power to dispose or to direct the disposition of
the Securities reported for it.  The remaining Covered Persons disclaim
beneficial ownership of the Securities.

        (c)  Information with respect to all transactions in the Securities
which were effected during the past sixty days by each of the Reporting
Persons is set forth on Schedule II annexed hereto and incorporated herein by
reference.

                                    4
<PAGE>


        (d)  Not applicable.

        (e)  Not applicable.

                                       5

<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.

Dated: August 31, 2000
                                        Univision Communications Inc.

                                        By:   /s/ Robert V. Cahill
                                            ---------------------------------
                                              Robert V. Cahill
                                              Vice President and Secretary


                                             /s/ A. Jerrold Perenchio
                                            ---------------------------------
                                                 A. Jerrold Perenchio


<PAGE>




                                                                     Schedule II

                            INFORMATION WITH RESPECT TO
                TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                SINCE THE MOST RECENT FILING ON SCHEDULE 13D(1)


<TABLE>
<CAPTION>

                                           SHARES PURCHASED                         AVERAGE
                DATE                                                                PRICE(2)

          <S>                          <C>                                       <C>

               8/16/00                       83,100                                   $19.09

               8/17/00                      151,200                                   $19.61

               8/18/00                       98,500                                   $19.62

               8/21/00                       77,700                                   $20.33

               8/22/00                      227,400                                   $20.33

               8/23/00                       32,300                                   $19.44

               8/24/00                       59,000                                   $19.51

               8/25/00                       22,500                                   $19.47

               8/28/00                       63,100                                   $19.20

               8/29/00                       97,500                                   $19.38

               8/30/00                      118,500                                   $19.48

               8/31/00                      292,300                                   $19.76

--------------------
</TABLE>

        (1) Unless otherwise indicated, all transactions were effected by
            Univision on the New York Stock Exchange.

        (2) Price excludes commissions.



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