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The biggest technical problem for OLEDs was the limited lifetime of the organic materials. One 2008 technical report on an OLED TV panel found that "After 1,000 hours the blue luminance degraded by 12%, the red by 7% and the green by 8%."[67] In particular, blue OLEDs historically have had a lifetime of around 14,000 hours to half original brightness (five years at 8 hours a day) when used for flat-panel displays. This is lower than the typical lifetime of LCD, LED or PDP technology. Each currently is rated for about 25,000–40,000 hours to half brightness, depending on manufacturer and model.[68][69] Degradation occurs because of the accumulation of nonradiative recombination centers and luminescence quenchers in the emissive zone. It is said that the chemical breakdown in the semiconductors occurs in four steps: 1) recombination of charge carriers through the absorption of UV light, 2) homolytic dissociation, 3) subsequent radical addition reactions that form π radicals, and 4) disproportionation between two radicals resulting in hydrogen-atom transfer reactions.[70] However, some manufacturers' displays aim to increase the lifespan of OLED displays, pushing their expected life past that of LCD displays by improving light outcoupling, thus achieving the same brightness at a lower drive current.[71][72] In 2007, experimental OLEDs were created which can sustain 400 cd/m2 of luminance for over 198,000 hours for green OLEDs and 62,000 hours for blue OLEDs.[73]
Unfortunately, the above seems out of date, but at the most pessimistic estimate above, 8 hours a day (about equivalent to one nightclub event) the 1/2 life was 5 years, and most people I know only do shows on the weekend, which equates to a 1/2 life of around 18 years if you do Fri / Sat alone.
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LG and other manufacturers have since cracked it. It says that its OLED TVs now have a lifespan in normal viewing conditions of 30,000 before deterioration in brightness. That's around 10 years if you watch a bit more than around eight hours of TV a day, every day. And that's not in eco mode.
Screen burn was also a concern but LG has an algorithm that washes the screen each time it is put into standby mode, which is designed specifically to prevent just that.
Not sure what Pangolin have done, but it seems there are solutions.