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Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share - TL;DR CNBC

Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share

Publishing timestamp: 2024-03-28 04:37:18


Summary

Martin Sorrell questions the prospects of Donald Trump's Truth Social platform, expressing doubts about its financial viability and ability to attract advertisers. Despite challenges, Trump Media & Technology Group went public through a SPAC merger, but has yet to demonstrate a path to profitability. Sorrell also discusses the competitive landscape of major social platforms in the advertising industry.


Sentiment: NEUTRAL

Tickers: WPP-GB

Keywords: breaking news: technologybusiness newsmarketingtechnologyadvertisingbusinesswpp plc

Source: https://www.cnbc.com/2024/03/28/trumps-truth-social-wont-capture-serious-market-share-sorrell-says.html


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