Morning Update: Accenture to buy Kamarama; Pixoneye scans your photos for insights; Ikea’s sad dads; cartoonists and Castro
Campaign Live: Karmarama to sell to Accenture
The owner of Karmarama is in talks to sell a stake or the entire shareholding in the creative agency, Campaign can reveal. An industry source said a deal is imminent and claims Accenture, the consulting firm, is looking to buy Karmarama.
It is thought Karmarama could be valued at as much as £50m on the basis it is worth around one-and-a-half times’ annual revenues.
Campaign Live: Meet Pixoneye, the marketing tech start-up ‘scanning’ private smartphone photos
British start-up Pixoneye is pushing the boundaries of privacy with technology that scans smartphone photos for consumer insight.
The start-up is still relatively under the radar but raised its biggest funding round to date of £2.4m in late September. It has conducted trials with Camelot and Dunnhumby, and was a finalist at Unilever’s Next Big Thing competition. Pixoneye is also backed by Collider, an industry accelerator that pairs brands and agencies with start-ups.
Ad Week: Ad of the Day: Ikea Touchingly Explores the Moment a Father-Daughter Bond Breaks Down
In Ikea Sweden’s latest spot, ‘A Good Listener’, a familiar family drama unfurls.
You don’t get all the details, but you know the code: A teenage daughter, increasingly agitated for mysterious reasons, returns home every day and locks herself in her room. Her father sits just outside, waiting for the day she’s ready to let him in.
IKEA – A good listener from BaconX on Vimeo.
Poynter: How great cartoonists are dealing with Fidel Castro’s death
Poynter: Zuckerberg’s Facebook post on fake news strategy disappears, then reappears
Update: at 12.45pm U.S. Eastern the post reappeared. The headline and story have been updated to reflect this as well as a subsequent response from Facebook.
On November 19th, Facebook CEO Mark Zuckerberg used his Facebook page to outline his company’s nascent strategy to combat “fake news”. On Tuesday morning, the post stopped appearing on his timeline, and links to that post lead to this error message…
Ad Age: Havas’ Four New Group Chairmen Unite Media and Creative
Havas is bringing its creative and media divisions closer together with the creation of a group chairman role to oversee each of its four biggest markets.
The new group chairmen will be Andrew Benett (global CEO Havas Creative Group) in North America; Chris Hirst (European and U.K. Group CEO) in the U.K.; and Alfonso Rodés (Havas Media CEO) in Spain. Havas’ group chairman and CEO, Yannick Bolloré, takes the role in France.
Mumbrella Asia: How Asian ueber brands grow: Shang Xia, Hermès’ Chinese Offspring
In a second in a series of articles on Asia’s ‘ueber’ (prestige) brands by Wolf Schaefer and JP Kuehlwein, the path to growth for Shang Xia, the Hermès-owned Chinese luxury fashion brand, are revealed.
The modern artisan brand Shang Xia is a perfect example for a brand with a mission – and a showcase for Hermès’ genius in building businesses with vision and patience. Extending the Hermès lifeblood of exquisite craftsmanship and timeless value into re-imagining ancient Chinese techniques and cultures, Shang Xia looks far into the future by taking a firm stand in the past.
