“Today’s Picture in Public Multiplex is Very Sad,” Says HRA President

“Today’s picture in public multiplex is very sad,” stated HRA President Tigran Hakobyan. According to him, all television companies are operating at a loss. “Their viewership has dropped, and advertisers are choosing other platforms. According to our calculations, the viewership of television companies falls by 3-5% every year,” he said.

He also addressed the issue of granting advertising rights to Public Television. “Public Television was given advertising rights, which the commission opposed. We believed that the television company should be funded by the state budget. For example, in 2023, Public Television operated with about 700 million drams. This means that a large part of that amount went to other television companies,” he noted.