Advertising giants’ share prices tumble as Big Tech swallows up ad spend Business The scale of the difficulties facing the advertising market was laid bare on Monday after two London-listed industry titans saw their share prices plummet after they slashed profit and sales expectations. M&C Saatchi’s share price tumbled a staggering 11.9 per cent to 111p, with shares down 36.9 per cent this year to date, while shares [...]
Martin Sorrell’s S4 Capital confirms merger talks Media S4 Capital has confirmed it has received a proposal from MSQ Partners for a possible combination, following weekend media reports linking the London-listed digital advertising group to the US private equity-backed agency network. In a statement published on Monday, the company said the talks were “at a very preliminary stage” and stressed there was “no [...]
Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles Tech S4 Capital, Sir Martin Sorrell’s advertising giant, recorded a sharp drop in revenue in its first-quarter trading update as geopolitical tensions weighed. The firm posted a 11.4 per cent slump in net revenue to £148.3m, which it said reflected the “continuing technology client caution” and headwinds from one “key client”. Takings from marketing services reduced [...]
Martin Sorrell’s S4 Capital warns of tariff uncertainty March 24, 2025 Sir Martin Sorrell has warned S4 Capital will feel the weight of global macroeconomic volatility into 2025 as losses at the London-listed marketing group widened significantly. In a statement, Sorrell cited continued high interest rates and underperformance and warned of “uncertainty in global economic policy, particularly tariffs” into 2025. He added that geopolitical volatility stemming [...]
S4 Capital: Sir Martin Sorrell’s ad giant loses its CFO January 9, 2025 S4 Capital, the ad giant run by Sir Martin Sorrell, is set to lose its chief financial officer Mary Basterfield. Basterfield has been CFO of S4 Capital since January 2022, having previously worked as CFO of Warner Music Group and UKTV, as well as group finance director of Just Eat. She has a twelve month [...]
S4 Capital: Revenue down and debt up at Sir Martin Sorrell’s ad giant September 19, 2024 Sir Martin Sorrell’s S4 Capital’s post-pandemic struggles have carried through into its latest results, which revealed a sharp decline in revenue and ballooning debt. The London-listed media holding group, which ad guru Sorrell founded after a sudden exit from WPP in 2018, saw its net revenue reduce by 15.6 per cent from £445.5m to £375.1m [...]
Sir Martin Sorrell: Labour’s working week reforms won’t help firms September 17, 2024 British businessman Sir Martin Sorrell has said that altering the working week will not boost productivity in the UK, pushing back on Prime Minister Keir Starmer’s pledges to transform Britain’s work culture.
Martin Sorrell’s S4Capital places hope in AI as revenue slumps across the board May 10, 2024 S4Capital has been hit by lower advertising spending.
Sir Martin Sorrell’s S4Capital hits stormy waters after breakneck growth March 27, 2024 Operational earnings before interest, tax, deprecation and amortisation (EBITDA) for the year came in at £93.7m, down 24.6 per cent on a reported basis or 36.6 per cent on a like-for-like basis.