Investment

Hispanic Television Network HTVN announced that it has terminated its month and half old relationship with C-Networks and the company's CEO, Mr. Emilio Gorritti.

America Online Latin America, Inc. announced that it has finalized terms of a $150 million funding package from principal stockholders America Online, Inc., a wholly owned subsidiary of AOL Time Warner Inc.; the Cisneros Group of Companies; and Banco Itau.

Salomon Smith Barney announced that it has hired John Boord as a Director to Head Investment Banking activities in Mexico, effective immediately. He will report to Carlos Guimaraes, Head of Latin American Investment Banking.

Hispanic Broadcasting Corporation announced operating performance for the fourth quarter ended December 31, 2000.

Univision Communications Inc. announced that Juan Villalonga has been elected to the Company's Board of Directors, effective immediately. With the addition of Villalonga, Univision's Board of Directors will increase to eight members.

U.S.

Claxson Interactive Group, the new entity to be formed from the proposed business combination of the media businesses of Ibero-American Media Partners (IAMP), a joint venture of the Cisneros Group of Companies and Hicks, Muse, Tate & Furst Incorporated, and parent company of Cisneros Televisi