Sorrell: bounce back sooner than you think

Group M revises web ad revenue down sharply in 2009

Gordon's Republic — Thu, 04 Dec 2008 12:23:46 GMT

WPP's GroupM has reduced its forecast of headline UK internet growth dramatically from 20% to 4%

re: Sorrell: bounce back sooner than you think

CHRIS ARNOLD — Tue, 02 Dec 2008 01:08:07 GMT

Western Europe to "an ageing company with huge healthcare and pension liabilities that are difficult to fund" and because of this he says for WPP "there is no point in continuing to invest in Western Europe unless structural changes are made".

Well he's right. But I think we need to invest both in emerging markets and in emerging ideas within our home one. Ignoring the great potential back at home is missing out on a great opportunity. The UK has many areas that are out of date and old fashioned, yet there are a few of use preaching change. That change needs support or foreign companies will back those ideas instead - just as India is doing in technology over here.

Britain has some of the greatest, most innovative minds. And from them comes ideas that set the pace for the future. And with that comes new wealth.

re: Sorrell: bounce back sooner than you think

Eddie Bongo — Fri, 28 Nov 2008 16:58:31 GMT

Long overdue from a man, along with other high ranking officers who in my beleief only advanced the onset of doom and gloom within the media industry by releasing more and more negative comments regarding its state. The views of people with industry standing such as Sorrell go a long way towards setting the feeling within the whole sector and lead companies to pressing the panick button well in advance of when it is necessary, this only adds to the trouble and speeds up the rate of decline. Confidence is key and when figure heads start breathing it back into the industry then the landscape will look a lot more rosey for many.

On the flip side, was this the reason for spouting doom and gloom. Create panick, weaken the oposition and then mop up.