ABC Launches Bailout Reality

ABC is teaming with "Survivor" producer Mark Burnett for a new series that offers a bailout to struggling entrepreneurs called "Shark Tank."

"Tank", which is an adaptation of the UK hit "Dragon's Den" that's run for six successful seasons, allows eager entrepreneurs the chance to pitch their business ventures to five multimillionaires and convince the investors to give them the money necessary to start or leave empty handed. 

"People are looking to be entrepreneurs to get ahead, yet there's no way anybody can go into a bank right now and get a loan," Burnett said. "For these entrepreneurs, these sharks are their last stop."

Working with Burnett, the network initially tried to make the show feel like a larger event, shooting a pilot in a huge auditorium and placing the investors behind an intimidating desk, among other tweaks. But most of the changes distracted from what worked so well about the original: the interpersonal tension between ambitious entrepreneurs struggling to convince five strangers to part with their money.

The sharks include Robert Herjavec (Internet security systems), Kevin Harrington (infomercials), Barbara Corcoran (real estate), Kevin O'Leary (Canadian investor) and Daymond John (FUBU). 

No airdate is set yet but chances are we'll be seeing this sometime next Fall. 

from: Reuters


Didn't someone try to do this before? Maybe it was for inventors. Not a hit, as I recall, but that was before the Market fell off a cliff.

I'd love to share my concept of what I believe could be a major hit with most people, common everyday people. The main concept would take a subject, or group of subjects and challenge a team of Lawyers, millionairs,and politicians to fixing the lives or life of that subject or group. If they can do it.... they are hero's ! If they can't do it, the person or troubled group faces thier demise and goes down in flames, or jail, depending on thier circumstances. Anyway, Something like that.

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