Shark Tank: ABC Reality Series Renewed for Season Three

Shark Tank renewed season threeThe businesspeople of Shark Tank make some pretty clever deals on the reality show but it feels like the best one apparently must go on behind-the-scenes. Despite two seasons of poor ratings, ABC has renewed Shark Tank for a third round of episodes.

On Shark Tank, entrepreneurs are given the opportunity to pitch their fledgling businesses and inventions to a panel of millionaires to get their feedback and, hopefully, a deal than can help take their projects to the next level. The panel consists of Robert Herjavec, Kevin O’Leary, Barbara Corcoran, Kevin Harrington, and Daymond John.

After a lackluster freshman run that averaged a 1.5 rating in the 18-49 demographic and 4.82 million viewers, Shark Tank was given a short season two renewal of eight episodes (plus a leftover from season one). In an attempt to shake things up and hopefully attract some more interest, comedian Jeff Foxworthy and Dallas Mavericks owner Mark Cuban were added as guest “sharks” to some of episodes.

Should Shark Tank have been renewed?

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The additions haven’t really helped the series but they haven’t hurt it either. Season two debuted with a special preview on Sunday, March 20th. It attracted a 1.9 in the demo and 6.14 million viewers. That was Shark Tank’s best demo rating ever. When it moved to its regular Friday timeslot, the numbers understandably decreased.

This season has averaged a 1.4 in the demo and 4.93 million viewers. That’s not very good but it’s better than what Supernanny was getting in the same timeslot. Considering that it costs less than a scripted series and it’s airing on Friday nights, ABC’s apparently satisfied enough with the ratings to order a third season.

There’s no word yet on how many episodes ABC will order this time, when they’ll air, if they’ll continue adding guest judges or if the format will be adjusted in some other way.

One possible guest shark could be executive producer Mark Burnett. Prior to the renewal, he told EW, “If we get a season three, I’ll personally go on it — as long as its legal… I would not be able to know who the people were pitching. When I’m producing Shark Tank I’m kicking myself, why didn’t I have a shot at these ideas.”

What do you think? Are you glad to hear Shark Tank will return for season three? Any suggestions on ways to attract more viewers (other than changing nights)?

Wondering where the rest of your shows stand? Check our ABC cancel/renew page.

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32 Comments · Read them below or add one

  1. Cheryl Patterson says

    I really enjoy this show I like it better than any reality show like Dancing With The Stars, America’s Got Talent, Survivor, any of those talent shows that don’t really encourage jobs, made in USA or the spirit of the entrepeneur. I hope it gets better rattings so it stays on TV. I have a few idea’s of my own how do I get on the show?

  2. Tim McIntosh says

    We really enjoy this show. It is informative, innovative, and just plain fun to watch.
    In today’s economic times its good to see regular people with a chance for turning an idea, into a dream, then into reality.

    Great show ABC.

  3. d says

    KEEP IT ON….Here is a show that sparks and features creativity in business–something that the country needs right now. It shows what a person and an idea can accomplish. That appeals to a lot of people !! An entertaining show with no sex and no violence. It sticks to its point with no unnecessary fluff or innuendo.
    All this show needs is a little publicity…….once you watch it, it’s hard not to want more!
    Possibly condensing the ‘presentations’, and a little more time spent on following how some of the deals are fairing would make this more of a complete show….and maybe a bit more inspiring.

  4. Tom says

    Yes Please keep it on the air. One of the best shows but needs more publicity to gain more viewers. Perhaps a writeup on some of the TV publications or info on the participants commercial programs. Need info on the dates for season three.

  5. Mary Lou Casey says

    Definently KEEP SHARK TANK !! It made FRIDAY NIGHT worth waiting for ! Everyone I
    know watched it & enjoyed it ! It has only just begun … Dont cancel it now !

  6. Judi says

    PLEASE KEEP SHARK TANK……this is the only thing I look forward watching on Friday Night!!!! There are more people then you know that watch it. Everyone at work can’t wait to talk about it when we see each other!!!!

  7. hala says

    great show .very entertaining and informative . my whole family love it and i am getting my friends and extended family to get hooked up on it…

  8. says

    I love this show because the sharks teach strategic thinking- it’s easy to get stuck in the weeds when you’re in start-up mode. I learn something every show.

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