Hanrahan will stay on with OMD as a consultant through the end of 2007, but he will no longer deal with print media, to avoid any conflict of interest with his new independent consulting business. His activities in the second half of 2007 will be focused on acquiring new business and working to retain accounts that are currently up for review. He will also help recruit a replacement for himself.
While he can't yet share the specific details of his new ventures, Hanrahan said his new independent consulting business would have him "providing assistance to media clients with positioning of the product, analyzing data, helping with sales presentations and materials, and thinking of ideas that would be compelling to folks on the buying side."
The newsletter will deal with "how magazines are bought and sold," leveraging "a lot of data that can be analyzed but hasn't necessarily." Hanrahan said the newsletter would be relevant to "to people on both the publishing and buying sides."
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