Pixelon
Encyclopedia
Pixelon was a dot-com company
founded in 1998 that gained fame for its extravagant Las Vegas launch party
and the sudden and violent decline less than a year afterwards. It promised better distribution of high-quality video over the internet
using technologies that were, in fact, fake or misrepresented. Its founder, Michael Fenne, was actually David Kim Stanley., a convicted felon involved in stock scams who was running from the law. In the year 2000 it gradually fired employees and reduced its operations until its bankruptcy
.
The party event - iBASH'99 - accompanying the IPO was held October 29, 1999 at the MGM Grand Las Vegas
. The line-up featured performances by Chely Wright
, LeAnn Rimes
, Faith Hill
, Dixie Chicks
, The Offspring
, Kiss
, Tony Bennett
, The Brian Setzer Orchestra
, and The Who
. The Who later released their show as 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
.
Dot-com company
A dot-com company, or simply a dot-com , is a company that does most of its business on the Internet, usually through a website that uses the popular top-level domain, ".com" .While the term can refer to present-day companies, it is also used specifically to refer to companies with...
founded in 1998 that gained fame for its extravagant Las Vegas launch party
Dot com party
A dot com party is a social and business networking mixer hosted by an Internet-related business, typically for promotional purposes or to celebrate a corporate event such as a product launch, venture funding round, or corporate acquisition.-History:Dot com parties were a notorious part of the...
and the sudden and violent decline less than a year afterwards. It promised better distribution of high-quality video over the internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...
using technologies that were, in fact, fake or misrepresented. Its founder, Michael Fenne, was actually David Kim Stanley., a convicted felon involved in stock scams who was running from the law. In the year 2000 it gradually fired employees and reduced its operations until its bankruptcy
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....
.
The party event - iBASH'99 - accompanying the IPO was held October 29, 1999 at the MGM Grand Las Vegas
MGM Grand Las Vegas
The MGM Grand Las Vegas is a hotel casino located on the Las Vegas Strip in Paradise, Nevada. The MGM Grand is the third largest hotel in the world and largest hotel resort complex in the United States in front of The Venetian. The MGM Grand was the largest hotel in the world when it opened in...
. The line-up featured performances by Chely Wright
Chely Wright
Richell Rene "Chely" Wright is an American country music artist and, starting in 2010, gay rights activist. On the strength of her debut album in 1994, the Academy of Country Music named her Top New Female Vocalist in 1995. Wright's first Top 40 country hit came in 1997 with "Shut Up and Drive"...
, LeAnn Rimes
LeAnn Rimes
LeAnn Rimes is an American country/pop singer. She is known for her rich vocals and her rise to fame as an eight-year-old champion on the original Ed McMahon version of Star Search, followed by the release of the Patsy Cline-intended single "Blue" when Rimes was only age 13, resulting in her...
, Faith Hill
Faith Hill
Faith Hill is an American country singer. She is known both for her commercial success and her marriage to fellow country star Tim McGraw. Hill has sold more than 40 million records worldwide and accumulated eight number-one singles and three number-one albums on the U.S...
, Dixie Chicks
Dixie Chicks
The Dixie Chicks are an American country band which has also successfully crossed over into other genres. The band is composed of founding members Martie Erwin Maguire and Emily Erwin Robison, and lead singer Natalie Maines...
, The Offspring
The Offspring
The Offspring is an American punk rock band from Huntington Beach, California, formed in 1984. Known as Manic Subsidal until 1986, the band consists of lead vocalist and rhythm guitarist Dexter Holland, lead guitarist Kevin "Noodles" Wasserman, bassist Greg K. and drummer Pete Parada...
, Kiss
KISS (band)
Kiss is an American rock band formed in New York City in January 1973. Well-known for its members' face paint and flamboyant stage outfits, the group rose to prominence in the mid to late 1970s on the basis of their elaborate live performances, which featured fire breathing, blood spitting,...
, Tony Bennett
Tony Bennett
Tony Bennett is an American singer of popular music, standards, show tunes, and jazz....
, The Brian Setzer Orchestra
The Brian Setzer Orchestra
The Brian Setzer Orchestra is a swing and jump blues band formed in 1990 by Stray Cats frontman Brian Setzer. The group had success covering Louis Prima's "Jump Jive an' Wail", which appeared on Prima's 1957 album The Wildest!...
, and The Who
The Who
The Who are an English rock band formed in 1964 by Roger Daltrey , Pete Townshend , John Entwistle and Keith Moon . They became known for energetic live performances which often included instrument destruction...
. The Who later released their show as DVD titled "The Vegas Job" featuring two short pre-show interviews with Roger Daltrey
Roger Daltrey
Roger Harry Daltrey, CBE , is an English singer and actor, best known as the founder and lead singer of English rock band The Who. He has maintained a musical career as a solo artist and has also worked in the film industry, acting in a large number of films, theatre and television roles and also...
and John Entwistle
John Entwistle
John Alec Entwistle was an English bass guitarist, songwriter, singer, horn player, and film and record producer who was best known as the bass player for the rock band The Who. His aggressive lead sound influenced many rock bass players...
, and a short after-crash interview with David Kim Stanley, admitting to embezzlement
Embezzlement
Embezzlement is the act of dishonestly appropriating or secreting assets by one or more individuals to whom such assets have been entrusted....
.