The story
Founded by Daniel Dznuni and Hamo Beknazarian on Apr 16, 1923.1
History
1923 - The organization "Goskino" was created within the People's Commissariat of Education of Armenia, as well as the association "Gosfotokino".
1928 - The studio was renamed as "Armenkino".
1938 - The studio was renamed as "Yerevan Film Studio".
1957 - The studio was renamed as "Armenfilm".
1959 - The newsreel and television sector was reallocated to the independent Yerevan Studio of Documentary Films.
1966 - The studio was named after Hamo Beknazarian.
2005 - The studio was sold to the company "Armenia Studios" (part of the holding CS MEDIA CITY), which in turn was owned by members of the Armenian diaspora in the United States – the Cafesjian and Sarkisian families. The new owner committed to invest $66 million into the studio over 10 years.
2015 - The studio was reclaimed by the Government of Armenia.
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Establishment and early growth
The Armenian Film Foundation was established in 1923 by the centralized government following Armenia's 1922 entry to the Soviet Union. Armenian cinema prospered until the start of World War II, when production declined. Following Hayfilm's comeback and renewal in the late 1950s, the motion picture industry started to accelerate once more. The Armenian film industry finally expanded to consistently release six to seven feature-length films annually in the 1980s. This happened due to receiving orders from the USSR's Central Television and working with Mosfilm, the biggest and most important studio in the Soviet Union and Europe at the time.
From Wikipedia’s article on Armenfilm, shared under CC BY-SA 4.0.4