||The lead section of this article may need to be rewritten. (September 2013)|
|Created by||Mark Burnett|
|Directed by||Craig Spirko
|Creative director(s)||Nathaniel Howe|
Mark Cuban (Seasons 2—)
Lori Greiner (Seasons 3—)
Steve Tisch (Season 5—)
John Paul DeJoria (Season 5—)
Kevin Harrington (Seasons 1—2)
|Country of origin||United States|
|No. of seasons||5|
|No. of episodes||88 (List of episodes)|
|Executive producer(s)||Mark Burnett
|Running time||60 minutes (with commercials)|
|Production company(s)||Mark Burnett Productions (season 1–3)
One Three Media (season 4)
Sony Pictures Television
|Distributor||American Broadcasting Company (ABC) (2009)
CTV (2011) (Canada)
|Original channel||ABC (United States)
CTV Two (Canada)
BBC Knowledge (Asia)
Dave (United Kingdom)
|Picture format||480i (SDTV) (2009—10)
720p (HDTV) (2010—12)
1080i (HDTV) (2012—present)
|Original run||August 9, 2009 – present|
Shark Tank is an American reality television series that premiered on ABC on August 9, 2009. It is the American version of the global Dragons' Den franchise and features business pitches from aspiring entrepreneurs to a panel of potential investors.
Shark Tank is an American reality TV series produced by Mark Burnett a "version of the Japanese reality format". The show features a panel of potential investors, called "sharks", that considers offers from aspiring entrepreneurs seeking investments for their business or product. The entrepreneur can make a deal on the show if a panel member is interested. However, if all of the panel members opt out, the entrepreneur leaves empty-handed. The show is said to portray "the drama of pitch meetings and the interaction between the entrepreneurs and tycoons" A one-hour pitch by a contestant is edited down to "a dramatic 10-minute segment". The show is said to personalize "the desperation and pain experienced by victims of a broken-down economy".
The "sharks" often find weaknesses and faults in an entrepreneur's concept, product, or business model. Some of the investors try to soften the impact of rejection, like panel member Corcoran, while others such as O'Leary can be "brutal" and show "no patience even for tales of hardship". Many deals made on the show are never enacted due to the investor's vetting process following the deal, which includes product testing and the examination of the contestants' personal and business financials.
The show initially required each contestant to sign an agreement with Finnmax, the producer of Shark Tank, promising Finnmax the option of taking a "2 percent royalty" or "5% equity stake" in the contestant's business venture. However, in October 2013, this requirement was repealed by the network, retroactively, due to pressure from panel member Mark Cuban.
Shark Tank premiered in August 2009, and aired 14 episodes through January 2010. In August, it was renewed for a 2nd season. Season 2 premiered with a “sneak peek” episode on Sunday, March 20, 2011, before resuming its regular Friday night time slot on March 25, 2011. Season 2 had 9 episodes, 5 of them featuring new panel members. Comedian Jeff Foxworthy and Mark Cuban replaced panel member Kevin Harrington for 3 episodes. Kevin O'Leary, Barbara Corcoran, Daymond John and Robert Herjavec appeared in all 14 episodes. In Season 2, Kevin O'Leary, Barbara Corcoran, Daymond John, and Robert Herjavec appeared in all 9 episodes; Mark Cuban appeared in 3, Kevin Harrington in 4, and Jeff Foxworthy in 2.
Shark Tank's 3rd season premiered in January 2012. During the second season, Kevin Harrington was replaced by Mark Cuban, while in the third season, the "queen of QVC" Lori Greiner replaced Barbara Corcoran on 4 episodes. Kevin O'Leary, Daymond John, Robert Herjavec, and Mark Cuban appeared in all 15 episodes of season three. In February, ABC ordered two additional episodes for Season 3 using un-aired footage, which brought the season's episode total to 15. In May 2012, Shark Tank was renewed for a fourth season. According to TV Guide, as of December 2012 the show's panel members had invested $12.4 million in the business opportunities presented to them during that season and those whose business ideas did not result in an investment from the sharks still benefited from the publicity generated by that contestant appearing on the Shark Tank show. During the show's 2012 season, 36,076 people applied to become contestants.
In 2013, ABC renewed the show for a fifth season, and plans to include businessmen Steve Tisch and John Paul DeJoria as guest panel members. In 2013, CNBC licensed exclusive off-network cable rights for the series from ABC.
By 2012, the show averaged over 6 million viewers an episode, making it the most watched program on Friday nights in the 18-49-year old demographic. As a result, ABC added three more episodes to the original season order of 22. In July 2012 the show was nominated for a Primetime Emmy Award in the Outstanding Reality Program category.
|Season||Timeslot (EST)||Number of Episodes||Premiere||Finale||TV Season||Overall Rating||Overall viewership|
Friday 9:00 pm
- 2010/2011: million viewers | DVR viewers
- 2011/2012: million viewers | DVR viewers:
- 2012/2013: 5.517 million viewers | DVR viewers: 410,000
- 2011: ABC charges $70,000 per 30-second spot
- 2012: ABC charges $73,940 per 30-second spot
- 2013: ABC charges $77,970 per 30-second spot
- American Inventor
- The Big Idea
- Fortune: Million Pound Giveaway
- Win In China
- The Profit
- Redemption Inc.
- Dragons' Den
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