Hints and tips:
...On Wednesday, shares in Martin Sorrell’s S4 Capital dropped 15 per cent, valuing it at just £240mn, after it was forced to warn over revenues....
...Sir Martin Sorrell, chief executive of advertising form S4 Capital, said that some clients that did not have access to first party data on their customers were “panicking”....
...Sir Martin Sorrell, head of S4 Capital, said it was “early days, but her appointment will encourage clients to have another look”. He added: “Linda will make a difference if given the wiggle room.”...
...S4 Capital boss Martin Sorrell has warned that the global economy is unlikely to show improvement this year, with clients expected to remain cautious over spending on new advertising and marketing projects...
...S4 Capital, the advertising group founded by Sir Martin Sorrell, has warned that revenues will be lower than last year and profit margins narrower after slower than expected trading over the summer....
...Sorrell founded S4 after being ousted from WPP in 2018 with ambitions to create one of the world’s biggest digital advertising companies....
...Sorrell has wanted to create one of the world’s biggest advertising companies, focused on digital marketing and new technologies such as artificial intelligence....
...“What used to take us three weeks can take us three hours and clients currently pay on the time taken, not the output,” says S4’s Sorrell....
...Sorrell on Monday said he was “not pleased” with the trading update. “Its lower growth than before....
...Sir Martin Sorrell’s S4 Capital warned trading was worse than expected in the past three months, with revenues at the advertising agency down almost a fifth to £245.9mn....
...Rivals such as US-based Interpublic have cut forecasts this year, while former WPP chief executive Sir Martin Sorrell’s S4 Capital has also issued profit warnings after lower than expected marketing spend...
...“The misinformation on X and lack of control is further damaging X’s credibility,” said Sir Martin Sorrell, boss at digital marketing agency S4 Capital, adding that chief marketing officers were increasingly...
...years ago, when the annual survey started, executives gave that title to British industrialist and GEC chair Arnold Weinstock; and the leading names in polls since then have included Terry Leahy, Martin Sorrell...
...Sir Martin Sorrell, the marketing veteran and founder of S4Capital, said Sunak “was very good on detail and knowledge” but needed to deliver for business....
...Sir Martin Sorrell, founder of advertising group S4 Capital, said he did not want a “command and control” culture but also that it would “not all be back to normal”....
...Martin Sorrell, executive chair of advertising start-up S4 Capital, said incentives at his company would be based on performance. “We will rise and fall on that basis.”...
...Sorrell expected a cyclical recession in parts of the world later this year or next. “It’s not a deep one but it’ll take time to ease or change. Global slowdown is at the top of everyone’s agenda....
...Martin Sorrell, executive chair at digital marketing group S4, said tax reductions would be welcomed by many — especially low-income workers — but questioned the state of government finances....
...Schwan will be succeeded as chief executive by Thomas Schinecker, head of the diagnostics unit. Airbnb co-founder Joe Gebbia is stepping back from his full-time role at the home-sharing company....
...Daniel Thomas, Ian Smith, Michael O’Dwyer, Harriet Agnew, Kate Beioley, Stephen Morris, Owen Walker This article has been amended to correct Martin Sorrell’s reference to client “models”....
...The dominance of the largest tech groups was a “double-edged sword” for advertisers, said Thomas Singlehurst, analyst at Citi....
...Sorrell says his new advertising firm S4 Capital would have a higher value with a purely US listing. “It’s better than it was — the market has got bigger....
...Also out today are updates from Loungers, the café and bar group, media company STV Group, and another acquisition by Martin Sorrell’s S4 Capital....
...Essential comment before you go My colleague Helen Thomas takes on pre-emption rights, which she calls the “untouchable core of London market governance”....
...Smart reads Back to work Martin Sorrell, the combative former chief of WPP, spent three decades building the world’s largest advertising agency....
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