A rep for Ocean confirmed to Billboard it is indeed both: A new album and his own publication are due in July. The magazine is titled is Boys Don't Cry while the album title has yet to be revealed.
Ok... I might be reading way too much into things but you know on Frank's official website? At the top there is a line - half orange, half blue. Now the orange is surely a symbol for Channel Orange. Is the blue in relation to the name of his next album?
Now you're lost
Lost in the heat of it all
Girl you know you're lost
Lost in the thrill of it all
Miami, Amsterdam
Tokyo, Spain, lost
Los Angeles, India
Lost on a train, lost
Yes @ Frank coming through for me this morning. Where is the boy with this damn album.