What the new filing says

A Virginia media firm has registered to work for a foreign principal acting on behalf of the State of Israel. Olympic Media LLC, which does business as Starboard LLC, became registrant No. 7788 under the Foreign Agents Registration Act on 2026-10-28. The Justice Department index lists four filings from it, all stamped that day: a Registration Statement, an Exhibit AB, an Exhibit C and a short-form registration.^[1]

The foreign principal is named as "LDRS Group LLC on behalf of the State of Israel." The filing gives its address as One World Trade Center, Floor 65, New York, NY 10007. The country represented is Israel.^[2][3]

What the work is

Ryan Patrick Coyne filed the short-form registration. He lists his occupation as CEO and his connection to the firm as officer. He names LDRS Group LLC on behalf of the State of Israel as the foreign principal he will serve. He says the work will be part time.^[4]

Coyne describes the services as audience development and panel construction, content production and distribution, optimization and analytics, surveying and polling, and a final report with data delivery.^[4]

In the section of the form on political activity, Coyne wrote this:^[4]

The registration statement describes the firm's regular business as strategic communications, creative strategy and media production. That includes digital content, messaging campaigns, audience engagement strategies, and distribution and analytics services.^[3]

Who owns and runs the firm

The registration statement names Ryan Patrick Coyne as the responsible individual. It says: "Ryan Patrick Coyne owns 100% of the company." It lists him as CEO, alongside a chief operating officer and a chief financial officer.^[3]

The firm's primary business address is 1881 N Nash Street, Suite 2301, Arlington, VA 22209. It lists a second office at 108 S Washington Street, Suite 200, Alexandria, VA 22314.^[3]

What the money section shows

The form asks about money received from, or spent for, the foreign principal in the 60 days before the obligation to register. In the scanned text of the registration statement, those questions are marked "No." The filings give no contract amount and no fee.^[3]

Coyne's short form says his pay is a salary "Not based solely on services rendered to the foreign principal(s)." The form also asks about political contributions in the same 60-day window. It lists one: $7,000.00 to Bernie Moreno for Senate, by credit card, dated 10/02/2026.^[4]

Why this matters

The forms state that every filing is a public record. A copy goes automatically to the Secretary of State, except copies of informational materials. The Attorney General also reports to Congress twice a year on all registered agents and the foreign principals they represent.^[2][4]

What is not known

• The filings provided do not name the content Starboard will produce or where Americans will see it.
• No contract, fee or payment amount appears in the filings provided.
• The Exhibit A questions about which Israeli branch or agency is represented, and which officials the firm deals with, show no entry in the scanned text.
• Item 12 of Exhibit A, which asks who owns and controls the foreign principal if no foreign government does, is answered "N/A."^[2][3]

Filing details

• Exhibit AB (Exhibit A, Form NSD-3), received 10/28/2026 2:58:48 PM.
• Short Form Registration Statement for Ryan Patrick Coyne (Form NSD-6), received 10/28/2026 2:58:59 PM.
• Registration Statement (Form NSD-1), received 10/28/2026 2:58:56 PM. It gives the firm's organization date as 01/20/2017 in Richmond, Virginia.
• Exhibit C contains Virginia State Corporation Commission records. They show Olympic Media, LLC's certificate of organization was effective January 21, 2017. They also show an assumed name filing for "Starboard LLC" effective June 21, 2023.^[2][4][3][5]