He was also the owner of a private television company named ALM, which operated from 2002 to 2011.

[2] Karapetyan was the founder of a small, populist political party which he founded after making his fortune in Russia.

He appeared on his television station on a daily basis and his "folksy demeanour" was popular with working class and rural Armenians.

[3] Tigran Karapetyan lost multiple elections and announced his "disappointment of people" in an incident in 2011 at Yerevan.

He was the author of a popular song "flowers" (ծաղիկներ), which he sang live on ALM.