The sharks will be returning for more deals and an eighth season next fall. ABC has renewed Shark Tank for the 2016-17 season.
On Shark Tank, entrepreneurs seek investments from a group of savvy (and sometimes cutthroat) millionaires. The regular “sharks” are Robert Herjavec, Kevin O’Leary, Barbara Corcoran, Daymond John, Mark Cuban, and Lori Greiner.
Here’s part of the network’s press release about the renewal:
“SHARK TANK” (Season 8)
“Shark Tank,” the critically acclaimed reality show that has reinvigorated entrepreneurship in America, has also become a culturally defining series. The recipient of the 2015 and 2014 Emmy Award for Outstanding Structured Reality Program, the business-themed show returns to the ABC Television Network for its eighth season.
The Sharks – tough, self-made, multi-millionaire and billionaire tycoons – continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream, and potentially secure business deals that could make them millionaires.
The Sharks are billionaire Mark Cuban, owner and chairman of AXS TV and outspoken owner of the 2011 NBA champion Dallas Mavericks, real estate mogul Barbara Corcoran, “Queen of QVC” Lori Greiner, technology innovator Robert Herjavec, fashion and branding expert Daymond John and venture capitalist Kevin O’Leary.
“Shark Tank,” which is based on the Japanese “Dragons’ Den” format created by Nippon Television Network Corporation, is executive produced by Mark Burnett, Clay Newbill, Yun Lingner and Phil Gurin. The series is produced by MGM Television in association with Sony Pictures Television.
ABC has also renewed: America’s Funniest Home Videos, The Bachelor, Black-ish, Dancing with the Stars, Fresh Off the Boat, The Goldbergs, Grey’s Anatomy, How to Get Away with Murder, Marvel’s Agents of SHIELD, The Middle, Modern Family, Once Upon a Time, Scandal, and Quantico.
What do you think? Do you like the Shark Tank TV show? Are you glad that it’s been renewed or, do you think it should have been cancelled instead?