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Pandora TV (Korean: 판도라TV) was a South Korean video sharing website that hosted user-generated content. Founded in October 2004, Pandora TV is the first video sharing website in the world to attach advertisement to user-submitted video clips and to provide unlimited storage space for users to upload. The operating company, Pandora TV Co., Ltd., has its headquarters in the Seoul-Gangnam Building in Yeoksam-dong, Gangnam District, Seoul.[2][3]
| Company type | Private |
|---|---|
| KRX: 202960 | |
| Industry | Internet video sharing |
| Founded | October 2004 |
| Defunct | January 31, 2023[1] |
| Headquarters | , South Korea |
Key people | Peter Kim, Founder and CEO Samuel Lee, COO |
Number of employees | 120 (2008) |
| Website | www.pandora.tv |
In 2007, it was the fastest growing website in South Korea.[4] In 2008, it was the largest video sharing website in South Korea, and it had 3.6 million members. At the time, it had 35% of the Korean marketshare for video sharing sites.[5]
The site was available in Korean, and after April 2008, in English, Chinese, and Japanese.
Pandora TV raised over $16 million from Silicon Valley venture capital firms – Altos Ventures and DCM - in two consecutive funding rounds 2006 and 2007, which represents the largest foreign investment made so far on any Korean Internet start-up.[6]
On January 31, 2023, Pandora TV ended its service.[7]
Company history
edit- October 2004 – Launched video sharing portal Pandora TV
- October 2005 – Launched iCF ad format
- October 2005 – Changed the corporate name from Lettee.com to Pandora TV Co.
- June 2006 – Completed Series A financing of over $6 million from a Silicon Valley–based investment group led by Altos Ventures
- April 2007 – Completed Series B financing of $10 million led by DCM (formerly known as Doll Capital Management)
- December 2007 – Selected as one of the Top 100 Global Tech Startups in 2007 by Red Herring [8]
- December 2007 – Launched Pandora TV Global Beta service
- March 2008 – Acquired The K-Multimedia Player, a premium video player solution
- April 2008 – Officially launched Pandora TV global service offered in four languages (English, Chinese, Japanese and Korean)
- July 2015 – Pandora TV uses Youtube to host it's videos and is no longer an independent platform
- January 31, 2023 – Pandora TV service ended,[9] and users get redirected to Moviebloc.com.
Logo
edit-
2006 - 2012
-
2013 - 2014
-
2016 - 2023
-
2016 - 2023 (Mobile)
See also
editReferences
edit- ^ Jung Min-kyung (December 19, 2022). 판도라TV, 23년 만에 서비스 종료 (in Korean). Media Today. Retrieved December 26, 2022.
- ^ "Privacy Policy Archived 2011-09-24 at the Wayback Machine." Pandora TV. Retrieved on September 17, 2011. "Seoul-Gangnam Building 5th Floor #727-16, Yeoksam-Dong, Gangnam-gu, Seoul, Korea 135-921"
- ^ "Report Personal Rights Violation Archived 2011-09-24 at the Wayback Machine." Pandora TV. Retrieved on September 17, 2011. "Copyright Infringement Report Center Pandora TV Inc.5F. Seoul Gangnam Bldg, #727-16 Yeoksam-dong Gangnam-gu, Seoul 135-921, South Korea"
- ^ "Fast Search & Transfer wins deal with South Korea's Pandora.TV[dead link]." Forbes. April 25, 2007. Retrieved on September 17, 2011.
- ^ Sung, So-young. "YouTube to launch Web site here, where many others have failed[usurped]." Joongang Daily. January 22, 2008. Retrieved on September 17, 2011.
- ^ "DCM invests in Pandora TV". www.dmwmedia.com. 2007-04-02. Archived from the original on 2007-09-27. Retrieved 2007-04-27.
- ^ Jung Min-kyung (December 19, 2022). 판도라TV, 23년 만에 서비스 종료 (in Korean). Media Today. Retrieved December 26, 2022.
- ^ "Global Top 100 Tech Startups 2007 Finalists (Red Herring)". December 2007. Archived from the original on 2019-05-02. Retrieved 2011-09-17.
- ^ Jung Min-kyung (December 19, 2022). 판도라TV, 23년 만에 서비스 종료 (in Korean). Media Today. Retrieved December 26, 2022.
External links
edit- Pandora TV (in Korean, Japanese, and English)(Archived)
- K-Multimedia Player (in Korean)
- Pandora TV Blog (in Korean)