Shark Tank: Season Seven Renewal for 2015-16 Season

It’s hard to believe that Shark Tank was in danger of being cancelled in the show’s early seasons. Today, it’s one of ABC’s top unscripted shows with a whopping 29 episode order for season six. It’s no surprise that the network has now renewed the series for a seventh season.

On Shark Tank, entrepreneurs seek investments from a group of saavy (and sometimes cuthroat) millionaires. The regular “sharks” are Robert Herjavec, Kevin O’Leary, Barbara Corcoran, Daymond John, Mark Cuban, and Lori Greiner.

Compared to last season, the sixth season of Shark Tank is performing about the same — averaging a 1.85 rating in the 18-49 demographic with 7.5 million viewers. The season finale is slated for next Friday, May 15th.

Last week, ABC launched a follow-up series called Beyond the Tank. It registered positive ratings and has already been renewed for a second season.

What do you think? Do you like the Shark Tank TV show? Do you plan on watching the seventh season? How long do you think this series should continue with the current sharks?