'Brands have an enormous opportunity to harness micro-communities in order to maximize their consumer experiences for their products or services,' said Mike Pallad, president of Modern Luxury Media. The acquisition is part of Modern Luxury Media's accelerated growth strategy focused on M&A and exclusive partnerships to help strengthen its digital media and creative capabilities to enhance its offerings to luxury communities around the globe. We couldn't be more thrilled for our companies to come together in this way.' Local and regional brands have a big desire and need for content, and we see an opportunity for Modern Luxury's incredible roster to create hyperlocal content that will take the user experience and brand love to the next level. 'Modern Luxury and Glocally have obvious synergies that will create impactful and meaningful experiences for our clients. 'I have always admired Modern Luxury's approach in harnessing community and continuously implementing digital and innovation strategies for growth,' said Agens. We couldn't be more thrilled to bring Brad and his team at Glocally to Modern Luxury and enhance our content strategies for today's digital economy.' 'Our partnership with Glocally brings this strategy to the next level. 'This past year we have doubled down on a hyperlocal and community-driven approach to content creation in order to build more opportunities to elevate both our brands as well as our audience experience,' said Michael Dickey, CEO of Modern Luxury Media. Given content creators are the new voices of today, this acquisition allows Modern Luxury to create powerful, one-of-a-kind content marketing programs that generate buzz across partnerships that are authentic, meaningful and engaging. Today, consumers are shifting away from traditional social media experiences and gravitating toward connecting with creators who can deliver short-form, entertainment-based content. Over the last decade, social media has undergone a significant transformation. Glocally will join Modern Luxury Media as a new division to strengthen its commitment to the influencer creator economy across the luxury media company's roster of 85 brands from coast to coast.

Modern luxury digital media kit