24news.am

Logo of 24news.am

24news.am is an Armenian online news platform that was founded in 2018. The website features multiple sections including "International," "Politics," "Inner Life," and other thematic subsections, providing comprehensive coverage across various topics.


The platform has established itself primarily through its video programming rather than traditional written journalism. Editor Narek Galstyan serves as the face of the outlet, hosting programs and conducting interviews with political figures, experts, and other public personalities. His current flagship program, "Profvetsev," features co-host Turkologist Ruben Melkonyan and focuses on political analysis and commentary.


The outlet's emphasis on video content and interview programming distinguishes it from text-based news websites, positioning 24news.am more as a digital media platform that combines news reporting with talk show-style programming. This approach allows the platform to offer both breaking news coverage and in-depth discussion formats within a single digital space.


Limited biographical information is available about the media outlet's ownership structure. Of the three shareholders in 24 News LLC, only Narek Galstyan's background and activities are documented in public sources due to his public roles in journalism and politics. The two majority shareholders, who collectively control 90% of the company, have minimal presence in publicly accessible records.

Key Facts

Audience ShareMissing data
Ownership TypePrivate
Geographic CoverageTransnational
Content TypeFree
Data Unavailable
ownership data is not publicly available, company/channel denies the release of information or does not respond, no public record exists

Ownership

Ownership Structure

24news.am is operated by "24 News" LLC, which has three individual shareholders. Narek Galstyan, who serves as both founder and director of the company, holds a 10% stake. The remaining ownership is distributed between two other shareholders: Kevork Sachlean holds 40% and Krzystof Smyk holds 50% of the company.

Voting RightsAccording to Article 4.2 of the Charter of “24 News” LLC, which owns the online media outlet 24news.am, the supreme governing body of the company is the general meeting of the company’s participants, which has the right to make final decisions on any issue of the company’s management and activities. The current activities of the company are managed by the director, who is elected by the general meeting of the company’s participants. According to the Charter, the director has the right to make transactions without authorization, if the transaction amount does not exceed 25% of the company’s net assets.
Individual Owner
Group / Individual Owner
  • Kevork Sachlean

    France-based Kevork Sachlean is a co-founder of "24 News" LLC and maintains a 40% ownership stake in the company. His connection to the media outlet extends beyond business partnership, as he shares political affiliations with co-founder Narek Galstyan through their mutual membership in the Social-Democratic Hunchakyan Party. According to a 2017 publication, Sachlean's name appears among the party's membership roster, indicating his involvement in Armenian diaspora political activities. However, detailed information about his professional background, other business interests, or the extent of his political engagement remains limited in publicly available sources.
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  • Krzystof Smyk

    Krzysztof Smyk, a Poland-based individual, became the majority shareholder of "24 News" LLC in January 2025 when he acquired a 50% controlling stake from co-founder Narek Galstyan. Despite holding the largest ownership position in the Armenian media company, biographical information about Smyk is not available from public sources. This lack of transparency regarding the controlling foreign owner raises questions about accountability and editorial independence at 24news.am, as the decision-making authority behind the media outlet remains largely obscured from public scrutiny despite his identified majority ownership position.
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Media Companies / Groups

Facts

Founding Year2018
Founder
  • Narek Galstyan

    Narek Galstyan co-founded 24 News LLC in 2018 and serves as its director and editor. He has extensive background in journalism and political activism, previously founding HayNews.am in 2009 and leading Radio Liberty's youth programming from 2003 to 2006. He served as chairman of the Social-Democratic Hnchakyan Party from 2013 and worked as assistant to Prime Minister Tigran Sargsyan from 2012 to 2013. His political activities have included organizing opposition rallies and facing physical assault in 2007 for anti-government activism, which he attributed to political persecution by authorities.

CEO
  • Narek Galstyan

    See above.

Editor-In-Chief
  • Narek Galstyan

    See  above.

ContactDzorap 40
Office area 23
Yerevan
Armenia
info@24news.am
+374 41240060
+374 41240060
RevenueMissing data
Operating ProfitMissing data
Advertising (in % of total funding)Missing data
Market ShareMissing data
Headlines
Meta Data

The 24news.am website lacks an "About Us" section and does not identify its editorial staff or provide information about website management. The site also does not include a dedicated section for publishing annual financial reports, limiting transparency regarding the outlet's business operations and revenue sources.

Limited biographical information is available about the media outlet's ownership structure. Of the three shareholders in 24 News LLC, only Narek Galstyan's background and activities are documented in public sources due to his public roles in journalism and politics. The two majority shareholders, who collectively control 90% of the company, have minimal presence in publicly accessible records. The MOM Team submitted information requests to the media outlet seeking additional details about shareholder biographies and business activities, but the company did not respond to these inquiries.

This lack of transparency extends to financial data, with no revenue, operating profit, or advertising income figures available from public sources. The absence of basic transparency measures, combined with the concentration of ownership among individuals with limited public profiles, raises questions about accountability and editorial independence at the outlet.

Sources
Documents (PDF)
  • 24news.am online media: Founders (Armenian)
    Link File
  • 24news.am online media: Owners (Armenian)
    File
  • 24 News LLC: Charter (Armenian)
    File