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So, apparently
WPP Group chief Martin
Sorrell was obsessing about Google again yesterday, during remarks he made at the
UBS media conference. This time,
his concerns about the company—which he has called in the past a "
frenemy"—are about its mobile plans and the
DoubleClick acquisition, which he believes could turn Google from
frenemy into enemy. He also engaged in, what by now, is his obligatory discussion of
Google's market cap vs. those in the ad industry. Yesterday's sound bite: that
Google's market cap is four times the size of the top 4 agency holding companies. Thing is,
Sorrell has been obsessing about Google for awhile. The first time I recorded it was in
a March 2006 story I wrote about Google, in which
Sorrell mused that the company's then market cap of $100 billion, was $85 billion more than what he called "poor little
WPP." Somehow, I doubt I was witness to the first time he made such a comparison. In fact,
Sorrell is constantly raising the specter of Google. In searching for that story, I found remarks by
Sorrell about Google
here,
here and
here. Well, one thing you can say about constantly talking about Google—it sure gets you quoted.
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