Kentron TV

Logo of Kentron TV

Kentron TV is an Armenian television channel that was founded in 2002. The channel broadcasts throughout Armenia and maintains international reach across Europe, Central Asia, the Middle East, select African countries, and North America. Kentron offers diverse programming including news, political analysis, social commentary, cultural content, and entertainment shows.


The channel maintains significant activity on social networks, with 263,000 YouTube followers and 129,000 Facebook followers.


The owner of Kentron is Sedrak Arustamyan, who serves as director, shareholder, or owner of several companies. Among these are companies that belong to a well-known businessman and political figure Gagik Tsarukyan, chairman of the "Prosperous Armenia" party. A long-standing opinion exists in Armenian society that Gagik Tsarukyan is the de facto owner of "Kentron" TV channel, and there are facts supporting this opinion. The channel became associated with Tsarukyan’s name in 2004, when it was purchased by Murad Gulyan, Tsarukyan’s fellow villager, relative, and member of parliament from the Republican Party faction, who later became a member of Tsarukyan’s Prosperous Armenia party. A 2005 article by “Hetq” notes: “One of the responsible persons of ‘Kentron’ admitted to us that he reports only to Gagik Tsarukyan. ‘Murad Gulyan does not exist,’ he said literally about a living, breathing person.”

Key Facts

Audience ShareMissing data
Ownership TypePrivate
Geographic CoverageTransnational
Content TypeFree
Passive Transparency
upon request, ownership data is easily available from the company/channel

Ownership

Ownership Structure

Kentron TV operates under Multi Media-Kentron TV CJSC, which is wholly owned by Sedrak Arustamyan. Arustamyan maintains business affiliations with prominent businessman and politician Gagik Tsarukyan, chairman of the Prosperous Armenia party.

A long-standing belief exists in Armenian society that Gagik Tsarukyan is the de facto owner of Kentron TV channel, despite Arustamyan's formal ownership status. This perception is supported by documented business connections and operational patterns that suggest Tsarukyan's influence over the channel's direction.

Voting RightsAccording to the charter of Multi Media-Kentron TV Closed Joint-Stock Company, shareholders constitute the company's supreme governing body and are divided into two categories: holders of common shares and preferred shares. Under Armenian law governing closed joint-stock companies, shareholders participate in annual meetings and exercise management rights including receiving dividends and maintaining first refusal rights on newly issued company shares. The company operates through a three-tier management structure. The Board of Directors handles overall company management and strategic direction, including determining main business activities, approving shareholder meeting agendas, and appointing or dismissing the general director. The Board also convenes the mandatory annual shareholders' meetings. Day-to-day operations fall under the general director's authority, who manages company property and financial resources, executes transactions, and serves as the company's legal representative in external dealings.
Individual Owner

Media Companies / Groups

Facts

Founding Year2002
Founder
  • Armen Yepremyan

    It was not possible to identify the co-founders beyond their names, and no biographical information is available from public sources. As only their first and last names could be found, it is impossible to meaningfully establish their identities or provide further details.

  • Arsen Danielyan

    It was not possible to identify the co-founders beyond their names, and no biographical information is available from public sources. As only their first and last names could be found, it is impossible to meaningfully establish their identities or provide further details.

CEO
  • Betghehem Arabyan

    Betghehem Arabyan has served as the company's director since June 2025. A journalist by profession, she previously worked at tert.am before founding Rednews LLC in 2023, which operates as the parent company of the Hayastan.news website.

Other Important People
  • Gagik Tsarukyan

    Gagik Tsarukyan is a well-known businessman and politician, and the founding president of the Prosperous Armenia party. He has been a member of the National Assembly for many years and is considered one of the wealthiest people in Armenia.

    Publications by the “Hetq” media outlet detail Tsarukyan’s multi-branch business empire, which began in the Abovyan region and expanded across Armenia, as well as beyond, to former Soviet and European countries. His businesses include the “Multi Group” conglomerate, the “Arinj Mall” shopping center, the “Ararat” brandy, wine, and vodka plant, and other enterprises. In 2021, Armenian authorities demanded that Gagik Tsarukyan return illicitly acquired assets, including 79 real estate properties, 42 vehicles, 86 billion AMD, and shares in 39 companies.

    It has long been publicly known in Armenia that the “Kentron” TV channel belongs to Gagik Tsarukyan. The channel became associated with Tsarukyan’s name in 2004, when it was purchased by Murad Gulyan, Tsarukyan’s fellow villager, relative, and member of parliament from the Republican Party faction, who later became a member of Tsarukyan’s Prosperous Armenia party. A 2005 article by “Hetq” notes: “One of the responsible persons of ‘Kentron’ admitted to us that he reports only to Gagik Tsarukyan. ‘Murad Gulyan does not exist,’ he said literally about a living, breathing person.”

    Currently, the 100% shareholder of “Multi Media-Kentron TV” CJSC, which manages “Kentron” TV channel, is Sedrak Arustamyan, who has deep business ties with Gagik Tsarukyan. From 1998 until June 2020, he was the director of “Multi Group” CJSC, whose owners are Gagik Tsarukyan and his son. This company is one of the key businesses of the Tsarukyan family. At present, Arustamyan is either a shareholder or director in several companies connected to the Tsarukyan family.

Contact2 Alikhanyan Brothers
Yerevan
Armenia
info@kentron.tv
+374 10 39 10 39
www.kentron.tv
RevenueMissing data
Operating ProfitMissing data
Advertising (in % of total funding)Missing data
Market ShareMissing data
Headlines
Meta Data

Information available on the Kentron TV website is limited. Staff information is incomplete, with no details provided about the chief producer.

MOM Team submitted an information request to the email address listed on the television company's website. The company responded and provided the requested information.

The 2024 annual financial report of Multi Media-Center TV CJSC is published on the Ministry of Justice website at personal-legal-old.azdarar.am. However, the report concerns the company itself, not the Kentron television program specifically.

Sources
Documents (PDF)
  • Multi Media-Kentron TV CJSC profile (Armenian)
    File
  • Multi Media-Kentron TV CJSC Beneficial ownership declaration (Armenian)
    File
  • Multi Media-Kentron TV CJSC CEO (Armenian)
    File
  • Multi Media-Kentron TV CJSC charter (Armenian)
    File
  • MOM request to Kentron TV (Armenian)
    File
  • Multi Media-Kentron TV CJSC financial report (Armenian)
    File
  • Kentron TV response to MOM request (Armenian)
    File