''Shark Tank'' is an Australian reality competition television series that premiered on 8 February 2015 and aired until 7 August 2018 on

Network Ten Network 10 (commonly known as Ten Network, Channel 10 or simply 10) is an Australian commercial television network owned by Ten Network Holdings, a division of the Paramount Networks UK & Australia subsidiary of Paramount Global. One of five ...

, in which aspiring entrepreneur-contestants made business presentations to a panel of "Shark" investors. ''Shark Tank'' was filmed at

Fox Studios Australia Disney Studios Australia (formerly Fox Studios Australia) is a motion picture and television production facility in Sydney that has operated as part of The Walt Disney Company since 2019. Occupying the site of the former Sydney Showground at ...

. Four seasons of the program were aired. It was announced on 31 October 2018 that the show would not return for a fifth season in 2019.

Season overview

Overview

Hosted by Sarah Harris, the show featured a panel of multimillionaire investors called "Sharks" who listened to entrepreneurs pitch businesses or products they wished to develop. If one or more Sharks were interested, investment deals could be made on the show. However, if all sharks declined, contestants left with nothing. A 2018 investigation by

Fairfax Media Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased ''The Sydney Morning Herald' ...

revealed that during the 2017 season, fifty pitches resulted in twenty-seven deals, of which only four actually closed. ''Shark Tank'' has been described as demonstrating "the drama of pitch meetings and the interaction between the entrepreneurs and tycoons." Sharks were compensated for their participation but invested their own money.

History

''Shark Tank'' was the second Australian series to be based on the show format. A previous unsuccessful adaptation, ''Dragons' Den'' (2005), aired on the

Seven Network The Seven Network (commonly known as Channel Seven or simply Seven) is a major Australian commercial free-to-air Television broadcasting in Australia, television network. It is owned by Seven West Media, Seven West Media Limited, and is one of ...

. ''Shark Tank'' premiered on 8 February 2015 and aired 15 episodes through to 7 June 2015 with a regular timeslot of 8:00pm Sunday. It was renewed for a second season in the season finale. Season 2 premiered in 2016 with Glen Richards replacing John McGrath as a panelist. The series was renewed for a third season that began airing on 20 June 2017.

Timeline of sharks

Season ratings

References

External links

* {{DEFAULTSORT:Shark Tank Network 10 original programming 2015 Australian television series debuts 2018 Australian television series endings 2010s Australian reality television series English-language television shows Television shows set in Sydney Business-related television series Australian television series based on Japanese television series Australian television series based on American television series Shark Tank