Ten launches new Dragon’s Den style reality show Shark Tank

Shark Tank Is Coming to TENTen has lifted the lid on its new show which will see Australian entrepreneurs pitching their business ideas to a group of potential investors, called Shark Tank.

As Mumbrella reported last month the network’s casting calls for the show included an online questionnaire asking contestants if they have ever been on Dragon’s Den,  which lasted just one season before Seven pulled the plug on it in 2006.

The Shark Tank format is from Sony Pictures Television, and the US version of the show picked up an Emmy Award for Outstanding Structured Reality TV Show , with the Australian version created by Shine and set to air in 2015.

According to a statement from Ten the Sharks will be  “our best and brightest entrepreneurial multi-millionaires” whilst contestants are “Australian innovators, inventors and entrepreneurs from all walks of life”, with the release claiming hte US version has “consistently increased its audience among total viewers” for the ABC network.

Chief programming officer, Beverley McGarvey, said: “Australians are among the greatest entrepreneurs in the world and the list of globally successful products that have been invented here is staggering.

“The Australian version of Shark Tank will be an accessible, compelling and highly entertaining show that will appeal to all age groups. Viewers will be captivated by the passion, enthusiasm and drive of our inventors – and by the incredible ideas they will present to our Sharks.

“We will announce the Sharks soon. Like the inventors, the Sharks will bring their passion, enthusiasm and drive – plus their cash – to Shark Tank, along with their years of experience and success and a powerful desire to help find the next great Australian success story.”

Shine Australia CEO, Mark Fennessy, said: “This unique, smash hit format is a sensational project for Shine. It will be a feeding frenzy for viewers as ambitious entrepreneurs present breakthrough concepts to the Sharks – potentially becoming Australia’s next generation of millionaires.”

Alex Hayes


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