Jay-Z launches Translation Advertising company
Hip-hop mogul Jay-Z is spreading his wings — some more — with his latest business venture. Jay-Z is teaming up with Steve “the Commissioner” Stoute — known for linking celebrities with high-powered brands, for example, Jay-Z’s sneaker deal with Reebok and Justin Timberlake’s partnership with McDonald’s — to launch Translation Advertising. The New York-based ad agency will “help marketers reach multicultural consumers,” according to the New York Times.
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“There are people who don’t understand the culture,” Jay-Z told the Times, citing as an example a commercial for a wireless carrier “that shows guys break-dancing in the phone store.” The rap star, whose real name is Shawn Carter, definitely understands the culture and has capitalized on this understanding with his successful 40/40 Club and Rocawear clothing line.
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