Who doesn't know that theme music when the show begins? This cartoon is based off the character that would appear in the beginning of the live-action comedy films based on Inspector Jacques Clouseau (who also appears in the cartoon). The actual Pink Panther that is mention in the series of films is actually a rare, priceless jewel.
Unlike most cartoon characters at this time, the Pink Panther doesn't talk. The show also had shorts with other characters such as The Ant and The Aardvark.