UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (date of earliest event reported): October 3, 2003


                        RADIO UNICA COMMUNICATIONS CORP.
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                 (State or Other Jurisdiction of Incorporation)

                             001-15151 65-00856900
           (Commission File Number) (IRS Employer Identification No.)


                   8400 NW 52nd Street, Miami, Florida 33166
          (Address of Principal Executive Offices, Including Zip Code)


                                 (305) 463-5000
              (Registrant's Telephone Number, Including Area Code)
<PAGE>




ITEM 5. Other Events.

         On October 3, 2003, Radio Unica Communications Corp., together with
certain of its subsidiaries (collectively, the "Company"), entered into a
definitive asset purchase agreement (the "Purchase Agreement") with
Multicultural Radio Broadcasting Inc. ("Multicultural"). Pursuant to the
Purchase Agreement, Multicultural will purchase from the Company its radio
station group, and assume certain liabilities related thereto, for a purchase
price of approximately $150,00,000 in cash, subject to certain adjustments.

         The transactions contemplated by the Purchase Agreement will be
effectuated through a pre-packaged plan of reorganization (the "Plan of
Reorganization") under Chapter 11 of the United States Bankruptcy Code (the
"Bankruptcy Code"). The Company is now soliciting from its creditors
acceptances of the Plan of Reorganization and has distributed a disclosure
statement in connection with such solicitation (the "Disclosure Statement").
Once the Company has received the requisite consents necessary to satisfy
applicable Bankruptcy Code requirements, pursuant to the Purchase Agreement,
the Company has agreed to file a voluntary petition for relief under Chapter 11
of the Bankruptcy Code with the bankruptcy court. Consummation of the
transactions contemplated by the Purchase Agreement is contingent upon a number
of conditions precedent, including, without limitation, approval of the Plan of
Reorganization by the bankruptcy court, receipt of all applicable consents and
approvals of the Federal Communications Commission and Multicultural's receipt
of sufficient financing.

         The summary of the proposed transactions set forth above is qualified
in its entirety by reference to the Disclosure Statement, the Plan of
Reorganization and the Purchase Agreement. A copy of the Purchase Agreement is
being filed, and a copy of the Disclosure Statement, to which the Plan of
Reorganization is an exhibit, is being furnished, as an exhibit to this report.

Item 7.    Exhibits.

         (c)      Exhibits

          99.1 Asset Purchase Agreement, dated as of October 3, 2003, among
               Radio Unica Communications Corp., its Subsidiary Licensees set
               forth therein, its Subsidiary Operating Companies set forth
               therein, and Multicultural Radio Broadcasting Inc.

Item 9.    Regulation FD Disclosure.

         The information furnished pursuant to Item 9 of this report shall not
be deemed to be "filed" for purposes of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that Section, unless we
specifically incorporate it by reference in a document filed under the
Securities Act of 1933 or the Securities Exchange Act of 1934. By filing this
report on Form 8-K and furnishing this information, we make no admission as to
the materiality of any information in this report that is required to be
disclosed solely by reason of Regulation FD.

(a)

         The following press release was issued by the Company on October 3,
2003:


Radio Unica Communications Corp. Enters Into Agreement To Sell Station Group

Plans to Separately Sell Radio Network And Promotions Subsidiary

MIAMI, FL, October 3, 2003 - Radio Unica Communications Corp. (OTCBB: UNCA),
today announced that it has entered into a definitive asset purchase agreement
to sell its station group to Multicultural Radio Broadcasting, Inc., a
privately held company. The Company also announced that it is in discussions
with third parties to sell its radio network, as well as its promotions
company, Mass Promotions, Inc. Radio Unica will continue to broadcast its
Spanish language programming and otherwise operate its business in the normal
course through the closing of the transaction.

Under the Multicultural agreement the Company will receive approximately $150
million in cash for its radio stations. Completion of the transaction is
subject to bankruptcy court approval, regulatory approvals and other
conditions. It is expected that the transaction will be completed by the second
quarter of 2004. The transaction will be effected as part of a prepackaged
bankruptcy in which holders of the Company's 11 3/4% Senior Discount Notes
would receive approximately $700 in cash per $1,000 principal amount, all other
creditors would receive 100% of their claims, and stockholders would receive
the remainder currently estimated to be between $0.47 and $1.03 per share.
Holders of approximately 93% of the Company's outstanding Senior Discount Notes
have agreed to support the transaction and vote in favor of the prepackaged
bankruptcy. The proceeds of sales of the Company's radio network and promotions
subsidiary would contribute to the total recovery described above, although
Mass Promotions, Inc. is not expected to file for bankruptcy.

CIBC World Markets Corp. acted as financial advisor to Radio Unica in this
transaction. PGP Capital Advisors, LLC., based in Los Angeles, acted as
financial advisor to Multicultural.

About Radio Unica Communications Corp.

Radio Unica Communications Corp is based in Miami, Florida and its operations
include the Radio Unica Network and an owned and/or operated station group
covering U.S. Hispanic markets including Los Angeles, New York, Miami, San
Francisco, Chicago, Houston, San Antonio, McAllen, Dallas, Fresno, Phoenix,
Sacramento, and Tucson.

About MultiCultural

MultiCultural Radio Broadcasting, Inc. is a leading ethnic media company.
MultiCultural owns 34 AM and FM radio stations covering ethnically diverse
markets in the U.S. with programming in Mandarin, Cantonese, Korean, Russian,
Spanish, Vietnamese and other languages.

This press release contains forward-looking information based upon Radio
Unica's current best judgment and expectations. Actual results could vary from
those presented herein. The risks and uncertainties associated with the
forward-looking information include economic factors, the success of
programming strategies and other business factors. For further information,
please refer to Radio Unica's filings with the Securities and Exchange
Commission.

Contacts:
Steven E. Dawson                                 Chris Plunkett
Radio Unica Corp.                                Brainerd Communicators, Inc.
(305) 463-5000                                   (212) 986-6667


(b)

         The Company is furnishing under Item 9 of this report the information
included as Exhibit 99.2 to this report. Exhibit 99.2 is the Disclosure
Statement, dated October 3, 2003, relating to the Prepetition Solicitation of
Votes With Respect To Joint Prepackaged Plan of Liquidation of Radio Unica
Communications Corp. And Its Affiliate Debtors.
<PAGE>


                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                             RADIO UNICA COMMUNICATIONS CORP.


                             By:      /s/        Steven E. Dawson
                                         ---------------------------------------
                                      Name:  Steven E. Dawson
                                      Title: Executive Vice President and Chief
                                             Financial Officer


Dated: October 6, 2003
<PAGE>


                                 EXHIBIT INDEX

          99.1 Asset Purchase Agreement, dated as of October 3, 2003, among
               Radio Unica Communications Corp., its Subsidiary Licensees set
               forth therein, its Subsidiary Operating Companies set forth
               therein, and Multicultural Radio Broadcasting Inc.

          99.2 Disclosure Statement, dated October 3, 2003, relating to the
               Prepetition Solicitation of Votes With Respect To Joint
               Prepackaged Plan of Liquidation of Radio Unica Communications
               Corp. And Its Affiliate Debtors.
[{"type": "8-K", "sequence": "1", "filename": "wa507694.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 9026}]
{"company-data": {"conformed-name": "RADIO UNICA COMMUNICATIONS CORP", "cik": "0001089953", "assigned-sic": "4832", "irs-number": "650856900", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15151", "film-number": "03930163"}, "business-address": {"street1": "8400 NW 52ND ST", "street2": "STE 101", "city": "MIAMI", "state": "FL", "zip": "33166", "phone": "3054635000"}, "mail-address": {"street1": "8400 NW 52ND ST", "street2": "STE 101", "city": "MIAMI", "state": "FL", "zip": "33166"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (date of earliest event reported): October 3, 2003

                        RADIO UNICA COMMUNICATIONS CORP.
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                 (State or Other Jurisdiction of Incorporation)

                             001-15151 65-00856900
           (Commission File Number) (IRS Employer Identification No.)

                   8400 NW 52nd Street, Miami, Florida 33166
          (Address of Principal Executive Offices, Including Zip Code)

                                 (305) 463-5000
              (Registrant's Telephone Number, Including Area Code)
ITEM 5. Other Events.

         On October 3, 2003, Radio Unica Communications Corp., together with
certain of its subsidiaries (collectively, the "Company"), entered into a
definitive asset purchase agreement (the "Purchase Agreement") with
Multicultural Radio Broadcasting Inc. ("Multicultural"). Pursuant to the
Purchase Agreement, Multicultural will purchase from the Company its radio
station group, and assume certain liabilities related thereto, for a purchase
price of approximately $150,00,000 in cash, subject to certain adjustments.

         The transactions contemplated by the Purchase Agreement will be
effectuated through a pre-packaged plan of reorganization (the "Plan of
Reorganization") under Chapter 11 of the United States Bankruptcy Code (the
"Bankruptcy Code"). The Company is now soliciting from its creditors
acceptances of the Plan of Reorganization and has distributed a disclosure
statement in connection with such solicitation (the "Disclosure Statement").
Once the Company has received the requisite consents necessary to satisfy
applicable Bankruptcy Code requirements, pursuant to the Purchase Agreement,
the Company has agreed to file a voluntary petition for relief under Chapter 11
of the Bankruptcy Code with the bankruptcy court. Consummation of the
transactions contemplated by the Purchase Agreement is contingent upon a number
of conditions precedent, including, without limitation, approval of the Plan of
Reorganization by the bankruptcy court, receipt of all applicable consents and
approvals of the Federal Communications Commission and Multicultural's receipt
of sufficient financing.

         The summary of the proposed transactions set forth above is qualified
in its entirety by reference to the Disclosure Statement, the Plan of
Reorganization and the Purchase Agreement. A copy of the Purchase Agreement is
being filed, and a copy of the Disclosure Statement, to which the Plan of
Reorganization is an exhibit, is being furnished, as an exhibit to this report.

Item 7.    Exhibits.

         (c)      Exhibits

          99.1 Asset Purchase Agreement, dated as of October 3, 2003, among
               Radio Unica Communications Corp., its Subsidiary Licensees set
               forth therein, its Subsidiary Operating Companies set forth
               therein, and Multicultural Radio Broadcasting Inc.

Item 9.    Regulation FD Disclosure.

         The information furnished pursuant to Item 9 of this report shall not
be deemed to be "filed" for purposes of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that Section, unless we
specifically incorporate it by reference in a document filed under the
Securities Act of 1933 or the Securities Exchange Act of 1934. By filing this
report on Form 8-K and furnishing this information, we make no admission as to
the materiality of any information in this report that is required to be
disclosed solely by reason of Regulation FD.

(a)

         The following press release was issued by the Company on October 3,
2003:

Radio Unica Communications Corp. Enters Into Agreement To Sell Station Group

Plans to Separately Sell Radio Network And Promotions Subsidiary

MIAMI, FL, October 3, 2003 - Radio Unica Communications Corp. (OTCBB: UNCA),
today announced that it has entered into a definitive asset purchase agreement
to sell its station group to Multicultural Radio Broadcasting, Inc., a
privately held company. The Company also announced that it is in discussions
with third parties to sell its radio network, as well as its promotions
company, Mass Promotions, Inc. Radio Unica will continue to broadcast its
Spanish language programming and otherwise operate its business in the normal
course through the closing of the transaction.

Under the Multicultural agreement the Company will receive approximately $150
million in cash for its radio stations. Completion of the transaction is
subject to bankruptcy court approval, regulatory approvals and other
conditions. It is expected that the transaction will be completed by the second
quarter of 2004. The transaction will be effected as part of a prepackaged
bankruptcy in which holders of the Company's 11 3/4% Senior Discount Notes
would receive approximately $700 in cash per $1,000 principal amount, all other
creditors would receive 100% of their claims, and stockholders would receive
the remainder currently estimated to be between $0.47 and $1.03 per share.
Holders of approximately 93% of the Company's outstanding Senior Discount Notes
have agreed to support the transaction and vote in favor of the prepackaged
bankruptcy. The proceeds of sales of the Company's radio network and promotions
subsidiary would contribute to the total recovery described above, although
Mass Promotions, Inc. is not expected to file for bankruptcy.

CIBC World Markets Corp. acted as financial advisor to Radio Unica in this
transaction. PGP Capital Advisors, LLC., based in Los Angeles, acted as
financial advisor to Multicultural.

About Radio Unica Communications Corp.

Radio Unica Communications Corp is based in Miami, Florida and its operations
include the Radio Unica Network and an owned and/or operated station group
covering U.S. Hispanic markets including Los Angeles, New York, Miami, San
Francisco, Chicago, Houston, San Antonio, McAllen, Dallas, Fresno, Phoenix,
Sacramento, and Tucson.

About MultiCultural

MultiCultural Radio Broadcasting, Inc. is a leading ethnic media company.
MultiCultural owns 34 AM and FM radio stations covering ethnically diverse
markets in the U.S. with programming in Mandarin, Cantonese, Korean, Russian,
Spanish, Vietnamese and other languages.

This press release contains forward-looking information based upon Radio
Unica's current best judgment and expectations. Actual results could vary from
those presented herein. The risks and uncertainties associated with the
forward-looking information include economic factors, the success of
programming strategies and other business factors. For further information,
please refer to Radio Unica's filings with the Securities and Exchange
Commission.

Contacts:
Steven E. Dawson                                 Chris Plunkett
Radio Unica Corp.                                Brainerd Communicators, Inc.
(305) 463-5000                                   (212) 986-6667

(b)

         The Company is furnishing under Item 9 of this report the information
included as Exhibit 99.2 to this report. Exhibit 99.2 is the Disclosure
Statement, dated October 3, 2003, relating to the Prepetition Solicitation of
Votes With Respect To Joint Prepackaged Plan of Liquidation of Radio Unica
Communications Corp. And Its Affiliate Debtors.
SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                             RADIO UNICA COMMUNICATIONS CORP.

                             By:      /s/        Steven E. Dawson
                                         ---------------------------------------
                                      Name:  Steven E. Dawson
                                      Title: Executive Vice President and Chief
                                             Financial Officer

Dated: October 6, 2003
EXHIBIT INDEX

          99.1 Asset Purchase Agreement, dated as of October 3, 2003, among
               Radio Unica Communications Corp., its Subsidiary Licensees set
               forth therein, its Subsidiary Operating Companies set forth
               therein, and Multicultural Radio Broadcasting Inc.

          99.2 Disclosure Statement, dated October 3, 2003, relating to the
               Prepetition Solicitation of Votes With Respect To Joint
               Prepackaged Plan of Liquidation of Radio Unica Communications
               Corp. And Its Affiliate Debtors.