Pandora TV

Pandora TV (판도라TV) was a 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-gu, Seoul.[2][3]

Pandora TV
TypePrivate
KRX: 202960
IndustryInternet video sharing
FoundedOctober 2004
DefunctJanuary 31 2023[1]
Headquarters
Bundang-gu, Seongnam-si, Gyeonggi-do
,
South Korea
Key people
Peter Kim, Founder and CEO
Samuel Lee, COO
Number of employees
120 (2008)
Websitewww.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
  • 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 has ended.[9]With the end of service, you will now be redirected to Moviebloc.com.
  • 2006 - 2012
    2006 - 2012
  • 2013 - 2014
    2013 - 2014
  • 2016 - 2023
    2016 - 2023
  • 2016 - 2023 (Mobile)
    2016 - 2023 (Mobile)

See also

References
  1. Jung Min-kyung (December 19, 2022). "판도라TV, 23년 만에 서비스 종료" (in Korean). MediaToday. Retrieved December 26, 2022.
  2. "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"
  3. "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"
  4. "Fast Search & Transfer wins deal with South Korea's Pandora.TV." Forbes. April 25, 2007. Retrieved on September 17, 2011.
  5. 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.
  6. "DCM invests in Pandora TV". www.dmwmedia.com. 2007-04-02. Archived from the original on 2007-09-27. Retrieved 2007-04-27.
  7. Jung Min-kyung (December 19, 2022). "판도라TV, 23년 만에 서비스 종료" (in Korean). MediaToday. Retrieved December 26, 2022.
  8. "Global Top 100 Tech Startups 2007 Finalists (Red Herring)". December 2007. Archived from the original on 2019-05-02. Retrieved 2011-09-17.
  9. Jung Min-kyung (December 19, 2022). "판도라TV, 23년 만에 서비스 종료" (in Korean). MediaToday. Retrieved December 26, 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.