ReOpen Media

Logo of ReOpen Media

ReOpen Media entered the Armenian media landscape in 2025 as a project of the National Network Foundation, operating as both a broadcasting network and news platform. According to its website, ReOpen Media's stated mission is to serve as an independent, transparent, and fact-based content provider.


The outlet produces news coverage, analysis, programs, and thematic projects. News broadcasts are available in multiple languages. ReOpen Media maintains an active presence on social media platforms and publishes news segments, analytical programs, and video content on its YouTube channel.

Key Facts

Audience ShareMissing Data
Ownership TypePrivate
Geographic CoverageTransnational
Content TypeFree
Data Publicly Available
ownership data is easily available from other sources, e. g. public registries etc.

Ownership

Ownership Structure

Reopen Media LLC is 100% owned by Hrayr Parsumean. Reopen Media LLC is a  subsidiary company of the National Network Foundation which is also controlled by Hrayr Parsumean.

Voting RightsAccording to ReOpen Media LLC's charter, the company's general governing body is the general meeting of participants, which holds ultimate authority to resolve any issue regarding company management and operations. Day-to-day operations are managed by the director, who is authorized to conduct transactions without additional approval if the transaction amount does not exceed 25% of the company's net assets. The charter of the National Network Foundation, which operates ReOpen Media, is not available in the public domain.
Individual Owner

Media Companies / Groups

Facts

Founding Year2025

The National Network Foundation established ReOpen Media LLC on March 7, 2025, by decision of the Foundation's Board of Trustees. The company was created as a subsidiary organization to generate profit through entrepreneurial activities, with 100% of shares held by the Foundation.

Davit Grigoryan, co-founder of the National Network Foundation, serves as executive director of ReOpen Media LLC.
Gayane Manukyan, the Foundation's other co-founder, served as director of ReOpen Media LLC until July 2025, when she transitioned to director of ReOpen Production LLC, another Foundation subsidiary. She announced her departure from both the National Network Foundation and ReOpen Media LLC on October 2, 2025.

CEO
  • Hrayr Parsumean

    Hrayr Parsumean serves as executive director of the National Network Foundation and, according to the beneficial ownership declaration of August 2025, is the sole beneficiary of the organization. He is a financial risk manager and economist by profession.

    According to his LinkedIn profile, Parsumean received his higher education at Saint Joseph University in Lebanon. He has over a decade of experience in financial management, risk advisory, and strategic business consulting. The National Network Foundation website lists him as financial director, though registry documents identify him as executive director.

Editor-In-Chief
  • Armen Amirkhanyan

    Armen Amirkhanyan serves as Editor-in-Chief of ReOpen Media. He is a journalist and editor by profession. Previously, Amirkhanyan worked as an editor at Public Television and Newmag publishing house.

ContactSebastia Street 108/3
Malatia-Sebastia
0065 Yerevan
Armenia
info@reopen.media
+374 94 885853
http://www.reopen.media
RevenueNot yet available. The media outlet was founded in 2025; first-year financial data will be available in 2026.
Headlines
Meta Data

Data on market and audience shares are not available.

Revenue and operating profit data are not available in the public domain. Financial statements are prepared at the Foundation level rather than separately for ReOpen Media as an outlet. ReOpen Media was founded in 2025, and financial data for its first year of operation will likely become available in spring 2026.

When preparing financial statements, the Foundation records transactions conducted in currencies other than its functional currency at the exchange rate published by the Central Bank of the Republic of Armenia as of the transaction date.

On the Foundation's website, Hrayr Parsumean is listed as Financial Director. However, according to the beneficial ownership declaration from August 2025 and the State Register of Legal Entities of Armenia, he serves as executive director and is the sole beneficiary of the Foundation.

Sources
Documents (PDF)
  • Reopen Media LLC Beneficial ownership declaration (Armenian)
    Link File
  • National Network Foundation Beneficial ownership declaration (Armenian)
    Link File
  • Reopen Production LLC Beneficial ownership declaration (Armenian)
    Link File
  • Hrayr Parsumean at Optimize Consulting LLC
    Link File
  • National Network Foundation revenue (Armenian)
    Link File