The founder and the former chairman of “AR” TV company Meruzhan Ter-Ghulanian that became a creative director after the restructuring of the TV company in May last year (see YPC Weekly Newsletter May 9-15, 2003) was appointed to the position of Vice President of a charitable fund “The Vardanian Family”. The creative director of “AR” is now Zhirayr Dadasian, previously on the same position at “Hairenik” TV. It should be noted that a well-known Armenian entrepreneur, the President of “Grand Holding” company Hrant Vardanian is the owner of both TV companies.