Loading AI tools
Scandal-ridden dot-com company From Wikipedia, the free encyclopedia
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]
Company type | Private |
---|---|
Industry | Online video delivery service |
Founded | 1998San Juan Capistrano, California | in
Founder | "Michael Fenne", an alias used by fugitive David Kim Stanley |
Defunct | June 2000 |
Fate | Liquidation |
Headquarters | , US |
Products | vaporware |
Website | Archive of Pixelon website just before bankruptcy |
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.
The history of the company has been the subject in 2019 National Geographic's docudrama miniseries Valley of the Boom.[14]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.