Company:Pixelon

From HandWiki
Pixelon
TypePrivate
IndustryOnline video delivery service
FateLiquidation
Founded1998; 28 years ago (1998) in San Juan Capistrano, California
Founder"Michael Fenne", an alias used by fugitive David Kim Stanley
DefunctJune 2000; 26 years ago (2000-06)
Headquarters
San Juan Capistrano, California
,
US
Productsvaporware
WebsiteArchive of Pixelon website just before bankruptcy

Pixelon was an American dot-com company founded in 1998 that promised better distribution of high-quality video over the Internet. It was based in San Juan Capistrano, California.[1] It gained fame for its extravagant Las Vegas launch party, followed by its sudden and violent decline less than a year later as it became evident it was using technologies that were, in fact, fake or misrepresented.[2] Its founder, "Michael Fenne", was actually David Kim Stanley, a convicted felon involved in stock scams who was "on the lam and living out of the back of his car" when he arrived in California two years earlier.[1][3] In the year 2000, Pixelon began to fire employees and reduce its operations until its bankruptcy.[4][5] Pixelon ousted their management team and filed for bankruptcy in June 2000.[6]

iBash '99

The party event for Pixelon's product launch, called "iBASH '99", was held October 29, 1999, at the MGM Grand Las Vegas, at a reported cost of US$16 million.[2] The lineup featured performances by Chely Wright, LeAnn Rimes, Faith Hill, Dixie Chicks, Sugar Ray, Natalie Cole, Kiss, Tony Bennett, the Brian Setzer Orchestra, and a reunion of the Who.[7][8]

Pixelon announced that iBash would be broadcast over the Internet as a technology demonstration. The live stream displayed error messages to thousands of people, and most of those watching the concert did so with Microsoft's streaming software instead of Pixelon's.[9] Pixelon leased the large video screen on One Times Square in New York City to show an eight-hour-plus live feed of the event.[10] An edited 2-hour show aired on October 30, 1999, on Pax TV (now known as Ion Television).[11]

iBash was produced by Woody Fraser Productions and was hosted live by David Spade and Cindy Margolis.[12][13] The Who later released their set as a DVD titled The Vegas Job, featuring two short pre-show interviews with Roger Daltrey and John Entwistle, and a short after-crash interview with David Kim Stanley admitting to embezzlement.

Aftermath

The history of the company was covered in the 2019 National Geographic's docudrama miniseries Valley of the Boom.[14]

References

  1. ↑ 1.0 1.1 "Perilous Fall of Pixelon". Wired Magazine. 2000-05-16. https://www.wired.com/2000/05/perilous-fall-of-pixelon/. Retrieved 2024-08-12. 
  2. ↑ 2.0 2.1 "The $16m Pixelon Party". The Protein Feed. 2000-05-18. http://prote.in/feed/2000/05/the-16m-pixelon-party. Retrieved 2012-07-10. 
  3. ↑ Tynan, Dan (2006-09-15). "The 25 Worst Web Sites". http://www.pcworld.com/article/id,127116-page,5-c,sites/article.html. Retrieved 2012-07-10. 
  4. ↑ Jacobus, Patricia (2000-05-12). "Pixelon issues sweeping layoffs after founder's arrest". CNET News. http://news.com/2100-1023-240493.html?legacy=cnet. Retrieved 2012-07-10. 
  5. ↑ "Pixelon issues sweeping layoffs after founder's arrest". 2002-01-02. https://www.cnet.com/news/pixelon-issues-sweeping-layoffs-after-founders-arrest/. 
  6. ↑ Huffstutter, P.J. (June 27, 2000). "Pixelon Ousts Execs, Plans on Chapter 11 Filing". Los Angeles Times. https://www.latimes.com/archives/la-xpm-2000-jun-27-fi-45207-story.html. 
  7. ↑ "Pixelon.com Announces iBash '99" (Press release). InterActive Agency, Inc. 1999-10-27. Archived from the original on 2016-08-26. Retrieved 2016-08-24.
  8. ↑ "Pixelon.com Launches Today With Star-Studded iBASH '99 as the First Full-Screen, Full-Motion, TV-Quality Internet Broadcaster" (Press release). Business Wire. 1999-10-29. Archived from the original on 2008-06-19. Retrieved 2012-07-11 – via FindArticles.
  9. ↑ Goodin, Dan (2000-01-03). "Pixelon's Broken Promises". The Industry Standard. http://www.thestandard.com/article/display/0,1151,8459,00.html. Retrieved 2016-08-24. 
  10. ↑ "Pixelon.com Launch Sets New Standard For Compelling Internet Programming". Widescreen Review (Press release). 1999-11-02. Retrieved 2016-08-24.
  11. ↑ Traiman, Steve (1999-10-30). "Vegas Music Bash Kicks Off Pixelon Web Site". Billboard: 52. https://books.google.com/books?id=eAgEAAAAMBAJ&q=ibash+%2799+pax+tv&pg=PA52. Retrieved 2016-08-25. 
  12. ↑ Goodin, Dan (2000-06-26). "The Great Internet Con". The Industry Standard. http://www.thestandard.com/article/display/0,1151,16317,00.html. Retrieved 2012-03-01. 
  13. ↑ "iBash99". Entertainment Weekly. 1999-10-19. https://ew.com/article/1999/11/19/ibash99/. 
  14. ↑ Tsonga, Taj (January 2019). "Remembering The Greatest Con In Silicon Valley History". Wired Magazine. https://www.wired.com/wiredinsider/2019/01/remembering-greatest-con-silicon-valley-history/. 

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