EXHIBIT 10.23 AMENDMENT TO EMPLOYMENT AGREEMENT This Amendment to the employment agreement (the "Employment Agreement") entered into as of November 1, 2000 by and between Telemundo Communications Group, Inc., a Delaware corporation (the "Company"),...

                                                                   EXHIBIT 10.23

                        AMENDMENT TO EMPLOYMENT AGREEMENT

          This Amendment to the employment agreement (the "Employment
Agreement") entered into as of November 1, 2000 by and between Telemundo
Communications Group, Inc., a Delaware corporation (the "Company"), and Xxxxxxx
X. Xxxxxxx ("Executive") is entered into as of October 8, 2001 and is effective
as of the date hereof.

          WHEREAS, Executive and the Company entered into an employment
agreement ("Employment Agreement") effective as of November 1, 2000; and

          WHEREAS, Executive and Company desire to eliminate a provision of the
Employment Agreement that provides for a special bonus, which was erroneously
included in the Employment Agreement.

          NOW, THEREFORE, the following amendment to the Employment Agreement is
hereby approved:

          Section 3(c) is deleted in its entirety.

          Section 3(d) is re-labeled Section 3(c).

          This Amendment to the Employment Agreement may be signed in
counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument.

          IN WITNESS WHEREOF, we have hereunto set our respective hands this 8th
day of October, 2001.

                                             TELEMUNDO COMMUNICATIONS GROUP,
                                             INC.



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                                             By:



                                             XXXXXXX X. XXXXXXX




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