U.S. Magazine Forbes Disowns Armenian ‘Affiliate’

U.S. MAGAZINE DISOWNS ARMENIAN ‘AFFILIATE’
By Astghik Bedevian

Radio Liberty, Czech Rep.
Jan 9 2007

A new magazine which claims to be the Armenian version of "Forbes"
has no connection with the renowned U.S. business publication and is
using its name illegally, a copyright lawyer said on Tuesday.

Eduard Nahapetian said he was hired by the "Forbes" management
to help to stop the publication of "Forbes Armenia." "They have
no license or any other authorization to use the name ‘Forbes,’"
he told RFE/RL. "’Forbes’ has asked us to help to stop this abuse."

Nahapetian claimed that the publisher of "Forbes Armenia," an obscure
Yerevan-based company called Litsa, has admitted to the copyright
violation and is now trying to negotiate a licensing deal with the
U.S. outlet. "They fully agree with us," he said.

The "Forbes-Armenia" director, Elizabeth Petrosian, declined to confirm
or deny this. But she admitted that the glossy magazine has postponed
the release of its second issue. Asked whether it will continue to
be published, Petrosian said, "Time will tell."

The magazine’s first issue came out a month ago and was almost
exclusively devoted to Armenian politics, containing, among other
things, a purported list of the country’s ten wealthiest individuals.

It was topped by government-connected businessman Gagik Tsarukian and
included six high-ranking government officials, including President
Robert Kocharian and Defense Minister Serzh Sarkisian. The latter
dismissed the rankings as a fraud, hinting that he believes they were
commissioned by Tsarukian.

Incidentally, the magazine was edited by Petros Ghazarian, a talk
show host working for a television station controlled by Tsarukian.

Ghazarian claimed on Tuesday that he resigned as editor-in-chief last
week because the content of its first edition was "unduly politicized"
by the Armenian media and politicians. He said he was not forced to
quit by the tycoon or anybody else.

Both Ghazarian and Petrosian claimed that they do not know who finances
the controversial publication.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS