Armenian Second TV Channel

Logo of Armenian Second TV Channel

Second Armenian TV Channel LLC was registered in the State Register of Legal Entities in 2000 under the name Prometheus TV Editorial LLC and was later renamed. The company operates H2 television channel.


The company is classified as a commercial organization founded for profit. According to the State Revenue Committee, it conducts economic activities in television program production and broadcasting. The company charter states that its main activities include production of video content, dubbing of programs and films, and preparation and broadcasting of advertisements and announcements.


Since 2003, Second Armenian TV Channel LLC has had two shareholders: Natalya Matinyan holds 50% and businessman Samvel Mayrapetyan holds 50%. Mayrapetyan also serves as director of the company.


For many years, H2 was one of the private television companies with the widest coverage in Armenia. In January 2021, it lost its terrestrial broadcasting license and now broadcasts only via cable television. Despite losing its terrestrial license, the channel maintains considerable reach through major cable network operators.


Mayrapetyan is currently wanted by law enforcement and faces criminal charges related to bribery allegations. In October 2018, he was arrested after businessperson Silva Hambardzumyan declared she had given 7 million USD to Mayrapetyan to transfer to Robert Kocharyan, Serzh Sargsyan, and Armen Gevorgyan. Mayrapetyan remained in detention until December 2019, was released on bail, and received permission for medical treatment in Germany. On March 3, 2020, he failed to appear before the Investigative Committee and was declared wanted.

Key Facts

Business FormCommercial / For-profit
Legal FormLimited Liability Company (LLC)

Ownership

Individual Owner
Group / Individual Owner
  • Natalya Martinyan

    Natalya Matinyan (also documented as Martinyan) has held 50% ownership in Second Armenian TV Channel LLC since 2003. Limited biographical information about her is publicly available. From April to October 2016, Matinyan owned 30% of Toyota Yerevan LLC. Her stake was subsequently transferred to Samvel Mayrapetyan, who holds the other 50% of Second Armenian TV Channel. Mayrapetyan is currently wanted by law enforcement and involved in several criminal cases. He now owns 60% of Toyota Yerevan LLC. The remaining shares are held by Sedrak Kocharyan, son of former President Robert Kocharyan, at 30%, and Levon Sultanyan, Deputy Director of Second Armenian TV Channel, at 10%.
    50

Media Outlets

Facts

Founding Year2000
ContactAjapnyak G-3 3/1
0088 Yerevan
h2@tv.am
+374 10 338831
www.tv.am
Tax / ID NumberLLC 01222748 State Register of Legal Entities of the Ministry of Justice of the Republic of Armenia
RevenueMissing Data
Operating ProfitMissing Data
Advertising (in % of total funding)Missing Data
Other Influential People
  • Robert Kocharyan

    Robert Kocharyan is a politician who served as President of Artsakh (Nagorno-Karabakh) from 1994 to 1997 and subsequently as President of Armenia from 1998 to 2008. He was among the political leaders of the Artsakh movement from February 1988.

    On March 20, 1997, Armenian President Levon Ter-Petrosyan appointed Kocharyan as Prime Minister of Armenia. Ter-Petrosyan resigned on February 3, 1998, due to internal government disagreements over the Artsakh issue. Prime Minister Kocharyan, Interior and National Security Minister Serzh Sargsyan, and Defense Minister Vazgen Sargsyan had opposed his position.

    Kocharyan was elected President of Armenia on March 30, 1998, in special elections and re-elected on March 5, 2003. European observer missions assessed both elections as marred by fraud and neither fair nor transparent.

    His presidency ended with the March 1, 2008 events. According to official results of the February 19, 2008 presidential election, Prime Minister Serzh Sargsyan received 52.82% of votes while his opponent, first president Levon Ter-Petrosyan, received 21.5%. Ter-Petrosyan and supporters contested the results in Constitutional Court while holding rallies and sit-ins. On March 1, 2008, Kocharyan ordered forceful dispersal of demonstrators. Clashes between police, armed forces, and demonstrators resulted in 10 deaths: 8 demonstrators and 2 police officers.

    After leaving office, Kocharyan served on the board of directors of Russian Sistema JSFC from 2009 to 2021.

    Following the 2018 change of government, criminal proceedings were initiated against Kocharyan regarding the March 1 events and illegal asset forfeiture. These cases remain ongoing.

    In 2021, he returned to politics, participating in snap parliamentary elections as the main opponent of Prime Minister Nikol Pashinyan. His Armenia Alliance entered parliament with 27 MPs. He has announced plans to participate in 2026 parliamentary elections. Kocharyan maintains a pro-Russian orientation, believing Armenia cannot independently ensure regional security and must restore strategic partnership with Russia.

  • Armen Tavadyan

    Armen Gevorgyan is a political figure, former Deputy Prime Minister of Armenia, and a close associate of Samvel Mayrapetyan.

    Born in Yerevan in 1973, Gevorgyan received his education in Russia and the Netherlands and holds a PhD in Pedagogical Sciences. He began working in the state system in 1997 as an assistant to the Prime Minister. From 1998 to 2008, he held key positions including Aide to the President of Armenia, First Aide, Chief of Staff to the President, and simultaneously Secretary of the National Security Council. From 2008 to 2014, he served as Deputy Prime Minister and Minister of Territorial Administration. In 2021, he was elected to Parliament on the national electoral list of the Armenia alliance.

    In May 2021, the Special Investigation Service announced that Gevorgyan had illicitly obtained and legalized a total of 4.9 billion AMD (approximately 12.4 million USD). Specifically, individuals affiliated with Gevorgyan established companies in Armenia and the Czech Republic under which real estate properties were registered. These individuals circulated monetary funds through bank transactions, but the market values of purchased real estate and circulated funds significantly exceeded their officially declared legitimate income.

    Gevorgyan is also involved in the high-profile March 1 case, facing charges of accepting bribes and money laundering connected to Samvel Mayrapetyan's case. He is under a written undertaking not to leave the country. He has consistently denied all accusations.

Headlines
Data Publicly Available
ownership data is easily available from other sources, e. g. public registries etc.
Meta Data

The website of the Second Armenian TV Channel, h2.am, does not provide information about the company's owners, director, editorial staff, or employees.

Ownership and company information was derived from the State Register of Legal Entities of Armenia and the Television and Radio Commission. Information about the channel's history and licensing disputes was obtained from court documents and media reports.

A discrepancy exists in the spelling of co-owner Natalya Matinyan's surname. Some documents in the State Register list her surname as Martinyan, while the Voters' Register of the Republic of Armenia lists it as Matinyan.

Sources
Documents (PDF)
  • Second Armenian TV Channel LLC profile (Armenian)
    Link File
  • Second Armenian TV Channel LLC Beneficial ownership declaration (Armenian)
    Link File
  • Second Armenian TV Channel LLC CEO (Armenian)
    Link File
  • Second Armenian TV Channel LLC owner (Armenian)
    Link File
  • Second Armenian TV Channel LLC charter (Armenian)
    Link File
  • Second Armenian TV Channel LLC charter updated (Armenian)
    Link File
  • MOM request to H2 (Armenian)
    File