JAY-Z Partners with Modern Luxury Media to Launch 'EDITION'
Niko Pajkovic — July 27, 2021 — Business
In a new business venture, JAY-Z's entertainment company Roc Nation has teamed up with Modern Luxury Media in hopes to launch a brand new multimedia platform called 'EDITION.' The new platform will aim to be a "portal into a world of luxury that celebrates talent from diverse communities."
Although the project is still in its developmental stages, those interested can expect it to consist of a combination of digital and print journalism, as well as audio and video content. “With EDITION, we have a unique opportunity to define what luxury means now," said Isohul H. Harris, the soon-to-be Editor-In-Chief for the platform and former head of UPTOWN magazine.
Roc Nation plans to launch EDITION across print, digital, and social in early 2021.
Although the project is still in its developmental stages, those interested can expect it to consist of a combination of digital and print journalism, as well as audio and video content. “With EDITION, we have a unique opportunity to define what luxury means now," said Isohul H. Harris, the soon-to-be Editor-In-Chief for the platform and former head of UPTOWN magazine.
Roc Nation plans to launch EDITION across print, digital, and social in early 2021.
Trend Themes
1. Luxury Multimedia Platforms - The creation of luxury multimedia platforms that combine digital and print journalism, as well as audio and video content, presents new opportunities for wealthy audiences to explore their interests in a more immersive way.
2. Diversity-celebrating Content - Multimedia platforms such as 'EDITION' that aim to celebrate talent from diverse communities represent a trend in providing audiences with more inclusive content.
3. Luxury Personalization - The use of multimedia platforms to offer personalized content and experiences to luxury audiences opens up opportunities for niche markets to enhance their interests.
Industry Implications
1. Entertainment & Media - The entertainment and media industries can leverage the trend of luxury multimedia platforms to offer consumers more immersive content and experiences.
2. Luxury Goods & Services - The trend of luxury multimedia platforms presents opportunities for luxury goods and services industries to target high-end audiences with more personalized content.
3. Marketing & Advertising - The creation of luxury multimedia platforms opens up new possibilities for marketers and advertisers to engage with high-end audiences through innovative storytelling techniques.
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