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Shark Tank (Australian TV series)

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Shark Tank
GenreReality
Directed byRandall Churchill
Presented bySarah Harris
Starring
Country of originAustralia
Original languageEnglish
No. of seasons2
No. of episodes28
Production
Production locationFox Studios Australia
Running time60 minutes
Production companyShine Australia
Original release
NetworkNetwork Ten
Release8 February 2015 (2015-02-08) –
present (present)
Related
Dragons' Den
Shark Tank

Shark Tank is an Australian reality competition television series that premiered 8 February 2015, on Network Ten. Based on the international Dragons' Den and Shark Tank format, it has aspiring entrepreneur-contestants make business presentations to a panel of "shark" investors.[1]

Following the finale of Season 2, Network Ten announced that a third series had been commissioned set to air in 2017.[2]

Series overview

Season Episodes Originally aired
Series premiere Series finale
One 15 8 February 2015 7 June 2015
Two 13 8 May 2016 7 July 2016

Overview

The show is hosted by Sarah Harris and features a panel of investors whom are the "sharks", who listen to entrepreneurs pitch ideas for a business or product they wish to develop. The sharks do receive money for their participation, but they invest their own money. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their own money to help market and mentor each contestant.[3]

The potential exists, if one of the sharks is interested, for a deal to be made right there on the show. However, if all of the sharks decline, the contestant leaves with nothing. Shark Tank has been described as demonstrating "the drama of pitch meetings and the interaction between the entrepreneurs and tycoons."[4]

History

Shark Tank is the second Australian series to be based on the show format. The first adaptation, Dragons' Den, was an unsuccessful 2005 series that aired on the Seven Network.[5]

Shark Tank premiered on 8 February 2015 and aired 15 episodes through to 7 June 2015 with a regular timeslot of 8:00pm Sunday. It was renewed for a second season in the season finale. Season 2 will premiere in 2016. In season 2, Glen Richards will replace John McGrath as a panelist.

Timeline of Sharks

Sharks Seasons
1 2
Current
Janine Allis
(Boost Juice)
Main
Steve Baxter
(internet pioneer)
Main
Andrew Banks
(Talent2)
Main
Naomi Simson (RedBalloon) Main
Dr Glen Richards
(Greencross Vets)[6]
Main
Former
John McGrath
(McGrath Estate Agents)
Main

Series Ratings

Season Timeslot No. of Episodes Premiere Finale TV Season Average Viewers Average Rank
Date Viewers
(millions)
Date Viewers
(millions)
1
Sunday 8:00 pm
15
February 8, 2015
0.616[7]
June 7, 2015
0.567[8] 2015 0.649 #10
2
Various 13
May 8, 2016
0.479[9]
July 7, 2016
0.580[10] 2016 0.568 #13

See also

References

  1. ^ http://www.tvtonight.com.au/2014/09/ten-confirms-shark-tank-for-2015.html
  2. ^ https://go.mycastingnet.com/Apply/Show/SharkTankSeries3
  3. ^ http://tenplay.com.au/channel-ten/shark-tank/about
  4. ^ Lewis, Hilary (31 March 2009). "ABC To Humiliate Entrepreneurs On National TV". Business Insider (Australia). Retrieved 21 March 2013.
  5. ^ Lee, Ada (29 January 2015). "Reality TV show Shark Tank is where entrepreneurs sink or swim". The Sydney Morning Herald.
  6. ^ http://www.tvtonight.com.au/2015/11/new-shark-enters-tens-tank.html
  7. ^ http://www.tvtonight.com.au/2015/02/sunday-15-february-2015.html
  8. ^ http://www.tvtonight.com.au/2015/06/sunday-7-june-2015.html
  9. ^ Knox, David (9 May 2016). "Sunday 8 May 2016". TV Tonight. Retrieved 9 May 2016.
  10. ^ Knox, David (8 July 2016). "Thursday 7 July 2016". TV Tonight. Retrieved 8 July 2016.

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