I have not given up hope on a Shark Tank renewal, and neither should you!
In October of 2008, Mark Burnett and Sony Pictures Television signed a deal to turn the wildly successful, Japanese show Dragons Den into Shark Tank for ABC. Shortly there after the producers started a casting call, looking for amazing ideas or products. Soon audition tapes started to appear on YouTube,
the producers of the show were also looking for interesting ideas, contacting entrepreneurs who they thought would work well on the show.
At the end of March 2009, ABC announced that they would order seven episodes as a pilot, the show would be similar to the U.K and Canadian version of the show Dragons Den. Mark Burnett said “We have made bigger deals and more deals in our pilot than (other versions) make all season.” After that the Sharks were introduced, Barbara Corcoran a self-made millionaire real estate tycoon, Kevin Harrington the king of infomercials, Daymond John the creator of FUBU, Kevin O’Leary a venture capitalist who sold his business to Mattel for $4.2 billion and Robert Herjavec who owns a large IT security’s company.
Another round of casting was announced, with June audition dates in Los Angels, Orlando, New York and Chicago. On August 9th Shark Tank premiered, and ran most Tuesday nights until October. At this point ABC had aired 10 episodes and had 3 more left to air, but ABC pulled the plug on Shark Tank in its Tuesday night slot. Then announced that they would air five more episodes, this included the 3 episodes that had yet to air and 2 more episodes that would be put together from already shot footage that had not made it into the show. On January 8th 2010 Shark Tank replaced Ugly Betty on Friday night at 9pm, until February, although ABC had ordered 15 episodes only 14 aired.
So where does that leave a Shark Tank renewal now?
Well Shark Tank topped out at about 5.9 million viewers with a rating share of 1.8/5, in comparison The Biggest Loser aired on NBC in the same timeslot with 9 million viewers and a 3.4/10 rating/share. Shark Tank was not exactly a powerhouse in the ratings but performed relatively well. The show should be relatively inexpensive to produce in comparison to other reality shows. Both time slots were not ideal, on Tuesday running against NCIS and The Biggest Loser and then being moved to Friday night.
The Sharks have continued to promote the show, on TV, news and social networking such as twitter. Recently Barbara sent a 340 page color brochure filled with statistics and testimonials about the businesses that she personally invested in after they appeared on the show. Eight copies were sent to network execs at ABC to try to convince them to run another season of Shark Tank (Barbara if you are reading this I would love to take a look at that brochure). The Sharks have been encouraging people, particularly on twitter, to let ABC know that you want a second season, by either contacting them directly here or posting a message of support on the Shark Tank message board.
Since there has been no word about the shows cancelation I still hold hope that ABC will order a Shark Tank renewal. This is where you come in, you need to tell your friends about Shark Tank, they can still watch clips of the show on ABC’s website and Hulu. I have heard from so many people who have found the show in the last few months online and have gotten hooked. You can also send a message to ABC asking for another season of Shark Tank, or you can go onto their Shark Tank message board and leave them a message.