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‘SHARK TANK’ Generates Largest Cumulative Amount Per Episode With $775K in Investment Offers

March 6, 2012

CULVER CITY, Calif., March 6, 2012 /PRNewswire/ — During last Friday’s episode of Sony Pictures Television’s hit ABC reality series, SHARK TANK, Shark investors offered the largest cumulative amount of money per episode thus far, $775,000, bringing the season-to-date total of investment offers from the Sharks, who use their own money to invest, to over two million dollars.

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After ‘Sharks’ Barbara Corcoran and Kevin O’Leary engaged in a kiss to demonstrate how Dallas Robinson and Mike Buonomo’s mix-and-match lip balm kissing product works, Mark Cuban, owner of the 2011 NBA National Champions Dallas Mavericks, offered to invest $200,000 in exchange for 40% of Robinson and Buonomo’s Kisstixx. Real estate mogul Barbara Corcoran offered to invest $75,000 in exchange for 40% and a 5% royalty of Stephanie and Daniel Rensing’s Smart Baker products, a line of innovative, clever kitchen products to make cooking easy. Additionally, after a heated negotiation and a call to Apple Computers’ co-founder Steve Wozniak, Scott Jordan from Ketchum, ID, turned down Robert Herjavec and Kevin O’Leary’s offer to invest $500,000 in exchange for 15% of his revolutionary clothing item that allows you to carry all of your modern day electronic gadgets.

In its 2nd-most-watched-ever regular telecast, the reality series finished a strong second among A18-49, while ranking #1 with A18-34. The series, which has become a popular family-friendly program, also ranked #1 with Kids 2-11.

SHARK TANK is generating substantial year-over-year gains for ABC, improving its hour by 64% in A18-49, over the same nights last year. In fact, in viewers and young adults, it is ABC’s top series in the hour in 6 years – since the 2005-06 season.

Tune in to ABC on Friday, March 9 at 8 PM ET/PT when investors Mark Cuban, Barbara Corcoran, Kevin O’Leary, Robert Herjavec and Daymond John as they face a new round of entrepreneurs including a father from Bristol, PA, who claims that his movable training apparatus is the only device that simulates a closeout basketball defender; four brothers from St. Petersburg, FL, hope to welcome the Sharks to their family with their organic skincare product; a man from Calabasas, CA, hopes the Sharks will welcome experience over youth and buy into his Rent-A-Grandma business; two sisters from San Francisco, CA, present their unique body jewelry that has already found celebrity following. And in a follow-up story, Heath Hall and Brett Thompson from Alexandria, VA, talk the success they have had with their Pork Barrel BBQ business since making a deal with Barbara in season one.

About SHARK TANK

The Sharks are: billionaire Mark Cuban, owner and chairman of HDNet and outspoken owner of the 2011 NBA championship 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 airs Fridays at 8PM on ABC.

The panel of five Sharks hears pitches of the best business and product ideas from some of America’s brightest entrepreneurs. When the Sharks hear a great idea, they’re ready to fight each other for a piece of it. If and when the Sharks are confronted with a really top-notch idea, and more than one of them wants to sink their teeth into it, a war between them can erupt.

Mark Burnett, Clay Newbill and Phil Gurin are the executive producers of SHARK TANK, based on the Japanese “Dragons’ Den” format created by Nippon Television Network Corporation. The episode is directed by Ken Fuchs and Alan Carter. The series is from Sony Pictures Television.

SOURCE Sony Pictures Television


Source: PR Newswire