LONG have I waited for the place where urban music, advertising and artist relations converge.
With the creation of Translation Advertising, the brainchild of Hip-hop and business mogul Jay-Z, 38, and entrepreneur Steve Stoute, 37, this fantasy is finally realized.
Translation Advertising will be a part of Translation Consultation and Brand Imaging which last year Stoute sold to Interpublic, the third largest agency company, for an estimated 15 million.
Interpublic has a 49 percent stake in Translation Advertising while Stoute and Jay-Z maintain 51 percent.
According to a NY Times article, the Interpublic venture is indicative of the intensifying interest on Madison Avenue in…
