Martin Sorrell's MediaMonks announces merger with India's WhiteBalance

MediaMonks adds 50 experts and intends to double India business in coming six months.

John Paite, Victor Knaap, Mansi Mehta, Gayatri Sethi, Poran Malani, Robert Godinho
John Paite, Victor Knaap, Mansi Mehta, Gayatri Sethi, Poran Malani, Robert Godinho

Sir Martin Sorrell's S4 Capital has announced that its global content practice MediaMonks has conditionally agreed to what it terms a merger with Delhi-based content creation and production company WhiteBalance. Financial details were not immediately available.

With a content studio and film, 3D and post-production talent, WhiteBalance produces content including feature films, commercials and documentaries. 

With the deal, MediaMonks adds 50 experts to its team, with the intent of doubling the India business in the coming six months. MediaMonks will continue to invest to turn its previously opened content studio in Bangalore into a creative hub for Asia-Pacific while also adding to the team and studio facilities in Delhi.

Sorrell, executive chairman of S4 Capital, who is on a visit to India, said: "India is a country very close to my heart – one built on a heritage of creativity and characterised by a vibrant culture. This fast-growing market offers a wealth of talent and significant growth opportunities, and the merger with WhiteBalance is the next step for us to build a leading creative content business here. At the same time, we’re strengthening our position in the APAC region."

Robert Godinho, founder and chief executive of WhiteBalance, said: "Our dream is to put a ding in the universe by creating internationally recognised work from our home, India. Having worked with the world’s leading media organisations, we’re incredibly excited that our journey has led us to join forces with MediaMonks. We’re looking forward to bringing the same professionalism to customising creative solutions for our clients in the APAC region."

Victor Knaap, global chief executive of MediaMonks added: "We are happy to welcome a company this talented to the MediaMonks family. It's unbelievable how well our cultures match in terms of passion for creativity and quality. What MediaMonks can bring to the Indian market is merging the disciplines of film and tech, by inviting directors and developers to come together and produce world-class digital storytelling."

Poran Malani, director of S4 Capital India, said: "The opportunity for the S4 Capital model in India is huge. India is globally recognised for its creativity and its leading-edge technology, making it the perfect place for integrating the two into a new service model. With operations in our current production hub in Bangalore, combined with the strength of WhiteBalance, bundling our forces in the pursuit of excellent fit-for-format content is an exciting prospect as we introduce our global network to this dynamic market and open it up to world-class digital work."

A version of this story first appeared on Campaign India

Become a member of Campaign from just £78 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk , plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content

The future's bright, the future's Gold

8 ways that media can drive ecommerce

AGENCY

Job description: Marketing co-ordinator