Hispanic Broadcasting Corporation announced that the Company will post lower revenue and broadcast cash flow for the fourth quarter ended December 31, 2000 than originally anticipated.

Hispanic Television Network HTVN is taking steps to strengthen its financial base by eliminating 31 non-revenue-generating positions, and by working with certain investors to help meet immediate short-term cash needs.

Quepasa.com announced that the Company's Board of Directors had approved the development of a plan of liquidation and sale of the Company's assets with the proceeds to be distributed to the shareholders.

Telemundo Communications Group, Inc.