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Pandora TV

Company type	Private
Traded as	KRX: 202960
Industry	Internet video sharing
Founded	October 2004
Defunct	January 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)
Website	www.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]

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

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• 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

• 
  2006 - 2012
• 
  2013 - 2014
• 
  2016 - 2023
• 
  2016 - 2023 (Mobile)

See also

• K-Multimedia Player
• YouTube

References

External links

• Pandora TV (in Korean, Japanese, and English)(Archived)
• K-Multimedia Player (in Korean)
• Pandora TV Blog (in Korean)