diff --git a/yt_dlp/extractor/_extractors.py b/yt_dlp/extractor/_extractors.py
index 6ed27d44ac..fd30b161ab 100644
--- a/yt_dlp/extractor/_extractors.py
+++ b/yt_dlp/extractor/_extractors.py
@@ -1477,6 +1477,7 @@ from .palcomp3 import (
     PalcoMP3IE,
     PalcoMP3VideoIE,
 )
+from .pandatv import PandaTvIE
 from .panopto import (
     PanoptoIE,
     PanoptoListIE,
diff --git a/yt_dlp/extractor/pandatv.py b/yt_dlp/extractor/pandatv.py
new file mode 100644
index 0000000000..00ac49a3ce
--- /dev/null
+++ b/yt_dlp/extractor/pandatv.py
@@ -0,0 +1,83 @@
+from .common import InfoExtractor
+from ..utils import (
+    ExtractorError,
+    UserNotLive,
+    filter_dict,
+    int_or_none,
+    join_nonempty,
+    parse_iso8601,
+    url_or_none,
+    urlencode_postdata,
+)
+from ..utils.traversal import traverse_obj
+
+
+class PandaTvIE(InfoExtractor):
+    IE_DESC = 'pandalive.co.kr (팬더티비)'
+    _VALID_URL = r'https?://(?:www\.|m\.)?pandalive\.co\.kr/play/(?P<id>\w+)'
+    _TESTS = [{
+        'url': 'https://www.pandalive.co.kr/play/bebenim',
+        'info_dict': {
+            'id': 'bebenim',
+            'ext': 'mp4',
+            'channel': '릴리ෆ',
+            'title': r're:앙앙❤ \d{4}-\d{2}-\d{2} \d{2}:\d{2}',
+            'thumbnail': r're:https://cdn\.pandalive\.co\.kr/ivs/v1/.+/thumb\.jpg',
+            'concurrent_view_count': int,
+            'like_count': int,
+            'live_status': 'is_live',
+            'upload_date': str,
+        },
+        'skip': 'The channel is not currently live',
+    }]
+
+    def _real_extract(self, url):
+        channel_id = self._match_id(url)
+        video_meta = self._download_json(
+            'https://api.pandalive.co.kr/v1/live/play', channel_id,
+            'Downloading video meta data', 'Unable to download video meta data',
+            data=urlencode_postdata(filter_dict({
+                'action': 'watch',
+                'userId': channel_id,
+                'password': self.get_param('videopassword'),
+            })), expected_status=400)
+
+        if error_code := traverse_obj(video_meta, ('errorData', 'code', {str})):
+            if error_code == 'castEnd':
+                raise UserNotLive(video_id=channel_id)
+            elif error_code == 'needAdult':
+                self.raise_login_required('Adult verification is required for this stream')
+            elif error_code == 'needLogin':
+                self.raise_login_required('Login is required for this stream')
+            elif error_code == 'needCoinPurchase':
+                raise ExtractorError('Coin purchase is required for this stream', expected=True)
+            elif error_code == 'needUnlimitItem':
+                raise ExtractorError('Ticket purchase is required for this stream', expected=True)
+            elif error_code == 'needPw':
+                raise ExtractorError('Password protected video, use --video-password <password>', expected=True)
+            elif error_code == 'wrongPw':
+                raise ExtractorError('Wrong password', expected=True)
+            else:
+                error_msg = video_meta.get('message')
+                raise ExtractorError(join_nonempty(
+                    'API returned error code', error_code,
+                    error_msg and 'with error message:', error_msg,
+                    delim=' '))
+
+        http_headers = {'Origin': 'https://www.pandalive.co.kr'}
+
+        return {
+            'id': channel_id,
+            'is_live': True,
+            'formats': self._extract_m3u8_formats(
+                video_meta['PlayList']['hls'][0]['url'], channel_id, 'mp4', headers=http_headers, live=True),
+            'http_headers': http_headers,
+            **traverse_obj(video_meta, ('media', {
+                'title': ('title', {str}),
+                'release_timestamp': ('startTime', {parse_iso8601(delim=' ')}),
+                'thumbnail': ('ivsThumbnail', {url_or_none}),
+                'channel': ('userNick', {str}),
+                'concurrent_view_count': ('user', {int_or_none}),
+                'like_count': ('likeCnt', {int_or_none}),
+            })),
+        }