Moguldom Media Group has announced the launch of The Atlanta Post, a new site dedicated to the rising market of online  and affluent African Americans. Site content will also be driven by four local editions for Washington DC, New York, Chicago, and Atlanta.

Moguldom is most noted for sites such as Bossip.com and HipHopWired which have generated significant web traffic since the media group’s conception in 2006.

“The African-American community produces its own leaders,” said Marve Frazier, CEO of Moguldom Media Group. “The online resources that serve these individuals should originate within our community as well, rather than leaving them to make do with more generic publications that fail to reflect the unique needs and preferences of high-income African-Americans.”

Read the full press release here.