The Daily Mail and General Trust has bought a 20 per cent stake in Independent Television News for 20.4m. In a joint statement, Granada and Carlton Communications confirmed each had sold a ten per cent stake. The move values ITN at 102.5m. Granada and Carlton were required to reduce their stakes as a result of the Broadcasting Act.
Motive has been appointed by Greek brandy company Metaxa International to handle media strategy for its 5m worldwide account.
The Media Business has won the media buying and planning for the 1m Rock The Vote charity account. The creative business is held by St Luke’s.
Flextech completed its acquisition of Family Channel this week and confirmed plans to relaunch the service this autumn as a niche channel for upmarket housewives.
Virgin Radio’s former sales head John Quinn has been appointed sales director of Unique Broadcasting. Richard Sowerby, board director at D’Arcy Masius Benton & Bowles, has been appointed non-executive director on the main Unique board.
Sainsbury’s: The Magazine’s May issue (right) has covermounted a women’s health tape produced by Radio 4’s Woman’s Hour.
Procter & Gamble, Paramount TV and Bertelsmann division UFA TV have reportedly joined forces to produce TV shows for Europe and the US.
Vanity Fair’s July issue will be printed entirely in black and white, and include special executions from advertisers such as Mercedes and Guinness.
QVC, the TV shopping channel, has boosted sales by 97 per cent compared with last year. In the first quarter of 1996 net sales reached 13.9m.
The Audit Bureau of Circulations has elected Geoffrey Copeman, vice-chairman of Eastern Counties Newspapers, as chairman for the next two years. He replaces Graeme Hutton, European media director of Ammirati Puris Lintas.
MSM the radio sales house has appointed Nick Button as marketing and sales support manager. He joins from BBC Radio 2 where he was marketing manager.
More O’Ferrall Group has appointed Frank Knight as non-executive chairman to replace Russell Gore-Andrews. He is currently deputy chairman of Asda group and is a former deputy chief executive of United Biscuits.
Sugar the teenage girls’ magazine claims it is the first in the teen market to run a split front cover (Media Analysis page 16).