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The 12th TVyNovelas Awards were an academy of special awards to the best soap operas and TV shows. The awards ceremony took place on April 29, 1994, in México D.F. The ceremony was televised in Mexico by Canal de las Estrellas.
Raúl Velasco hosted the show. Corazón salvaje won 10 awards, the most for the evening, including Best Telenovela. Other winners Dos mujeres, un camino won 3 awards, Los parientes pobres won 2 awards and Capricho and Entre la vida y la muerte won 1 each.