MAM
Scarecrow enters into 50:50 partnership with M&C Saatchi
MUMBAI: Acquisitions and mergers seem to have become a norm in the advertising world. The latest agency to join the bandwagon is Indian advertising agency Scarecrow Communications (Scarecrow), which has now been acquired by international advertising network M&C Saatchi.
Scarecrow will now become Scarecrow M&C Saatchi, in a 50:50 partnership with M&C Saatchi. When asked about the technology and tools that the company would get access to with this merger, Scarecrow founder Manish Bhatt said that they were still unclear about it but will start the conversation on the same soon.
The renewed revenue and profit sharing will be on the basis of the new shareholder stake.
Founded in 1995, M&C Saatchi has today become the world’s largest independent advertising network. Powered by its philosophy brutal simplicity of thought, it comprises 27 agencies in the Americas, Europe, Africa, Middle East and Australasia and eight specialist companies, which include cutting-edge outfits such ass M&C Saatchi Sport & Entertainment, M&C Saatchi Mobile and the fast-growing customer engagement agency, LIDA.
Scarecrow will retain its own identity and will operate with full creative freedom, exactly the way it used to. However, as expected, there will be an integration with global financial processes and compliance practices.
The eight-year-old Scarecrow was a part of the new wave of independent agencies in India that bloomed about 10 years ago but was able to achieve profitability and scale, in a relatively short period on the strength of its campaigns for Quikr, &pictures, Religare, Baby&Me (Nestle), FunFoods (Dr. Oetker), Kohinoor (McCormick), Haier, DBS, Edelweiss, Danone B’lue, Wagh Bakri, Rasna, Living Foodz, Vivel and Fiama Di Wills (ITC), Only Vimal, DNA, Rupa, Spykar and Hungama.
Today, it has an extensive roster of brands on AOR (agency on record), including Viacom 18, Capital First, Emami, Future Generali, Zee Learn, Alcon Novartis, SebaMed (USV Pharma), Lactalis, Radio City, VTP, Mahindra, Business Standard, Arthimpact, Anchor, Panasonic and Reliance Capital.
Scarecrow’s story over the last eight years and what has been achieved reminds M&C Saatchi founder Lord Maurice of the story of M&C Saatchi itself. He says that it’s a story of hard work, determination and dedication.
Maurice adds, “An individual acting alone or almost single-handedly can make, what seems highly improbable, in fact happen. This is why, to welcome Scarecrow to the federation of like-minded, like-thinking entrepreneurs, that is the M&C Saatchi network, is a most important occasion for the company and for me. I’m sure Scarecrow M&C Saatchi will develop into the jewel in our crown and this is a historic start for a great new partnership.”
M&C Saatchi worldwide CEO Moray MacLennan says the company’s strategy is to find top talent in key markets and give it the freedom, responsibility and backing to flourish. He adds that it was relatively easy to identify India as a key market but it was challenging to find the right talent.
Bhatt agrees that international multinational agencies, including Dentsu Aegis Network, WPP, Y&R and Chiel, were looking for acquisitions but the company did not want to associate with multinational corporations. But after meeting Moray MacLennan, David Kershaw and Jeremy Sinclair in London, the team was clear that M&C Saatchi was the perfect partner for Scarecrow. “They have entrepreneurship in their blood. The culture of M&C Saatchi, that sprung from the personalities of the brothers themselves–irreverence, low tolerance for jargon, challenging the established order and the history of many larger-than-life campaigns–are qualities we identify with,” says Bhatt.
MAM
Microdrama Specialist COL Group International Builds Out With Narativ, Rock Networks & BlingWood Deals
MUMBAI: Microdrama powerhouse COL Group International is building out its distribution network, with its CEO saying vertical video is about to enter its “next competitive chapter.”
The microdrama arm of publicly-listed Chinese company COL Group appointed Narativ Media as its official distributor in the Middle East and North Africa (MENA) and CIS regions and Africa, and a struck new content deal with a new Dubai-based microdrama platform.
The deals were unveiled this morning at MIP London, and also included Rock Networks as its exclusive Southeast Asia telco distribution partner for its app, FlareFlow. MIP London is now into its second day at the Savoy Hotel and adjoining IET London complex.
The deals come soon after COL appointed Harbour Rights to represent its titles in Europe and Latin America, as we reported yesterday in our extended feature on microdrama distribution.
COL’s Singapore-based microdrama unit says its “coordinated global distribution architecture and significantly expanded international content slate” would help to scale its catalogue to more than 1,700 microdrama titles worldwide. These hail from South Korea, Japan, Africa, the Middle East, Southeast Asia and the UK and roll out across Sereal+, FlareFlow and 17K.
A deal with Dubai-based BlingWood, which recently launched as an OTT platform, will expand COL’s access to Middle Eastern and Indian microdramas, and includes a broader pipeline of Indian series from storytelling platform Pratilipi, Korean titles from BeLive Studios and British reality-led formats from Tattle TV — the UK’s first dedicated microdrama app, including titles such as Dog Dates.
“Microdrama is entering its next competitive chapter, where quality, retention and monetization standards are increasingly shaped by data and operational discipline,” said Timothy Oh, General Manager of COL Group International.
“As pioneers in both China and the U.S., scaling some of the world’s leading platforms in this space, we understand what it truly takes to win sustainably. Our role is not simply to offer catalogue volume, but to help partners select, position and scale the right content for their platform and audience. By bringing together a broad, constantly refreshed slate from across regions, we enable smarter curation, clearer differentiation and long-term growth for serious industry players.”
Narativ deal
COL and UAE-based Narativ described their deal as a “strategic expansion of premium vertical content distribution across high-growth emerging markets,” and comes as the microdrama continues to boom financially. The growth of the medium will be among the key topics of conversation today at MIP London, where COL chief Oh will be speaking.
The pact extends beyond content representation and is being billed as part of a more “structured micro-drama distribution infrastructure.”
Narativ will spearhead market development, platform alliances, broadcaster relationships and digital monetization frameworks across the MENA and CIS regions and Africa, where they have identified “rapid mobile-first consumption growth and strong demand for short-form, high-engagement storytelling formats.”
“Micro-dramas are reshaping global viewing habits, particularly across mobile-first markets like MENA, Africa and CIS,” said Manjyot Sandhu, CEO and co-founder of Narativ. “Our appointment as official distributor for COL Group in these territories reflects Narativ’s strategy to build sustainable distribution architecture.
“A key pillar of the collaboration includes integration with FlareFlow, enabling strategic telco partnerships, bundled carrier offerings, and alternative monetization pathways designed to accelerate scale across mobile ecosystems and OTT platforms.”
Oh added: “We are building more than a content slate – we are building the global infrastructure for microdrama. With hundreds of new titles launching every quarter, scale and regional strength are critical. Narativ with its deep foothold in MENA, Africa CIS and other key markets makes them a natural strategic partner as we expand FlareFlow and bring microdrama to new platforms, telcos and audiences.
Narativ, which is joint venture Sandhu operates with Copyright Capital, manages around 7,000 hours of content and has a digital network spanning 150 million subscribers across 21 language.
COL Group has emerged as one of the biggest microdrama platforms, running platforms such as FlareFow. It is also a part-owner of ReelShort.
