The Apprentice and Survivor producer is teaming up with the network to produce a show called The Shark Tank, according to The Hollywood Reporter. (Sony Pictures TV is also producing.) The show is a version of Dragons’ Den, a Japanese show in which aspiring entrepreneurs pitch business ideas to a group of tycoons in hopes of earning start-up money.
ABC has tried something similar in the past, airing two seasons of the Simon Cowell-produced American Inventor. That show focused on people pitching products rather than business concepts and was co-created and judged by British entrepreneur Peter Jones, who’s also one of the judges on the U.K. version of Dragons’ Den.
American Inventor debuted with a splash in the spring of 2006, drawing better than 14 million viewers for its premiere. Ratings slid from there, though, and the first season ended up averaging about 9.5 million viewers. A second season in the summer of 2007 averaged 6.4 million viewers.
Should the pilot go forward, it would be the first Burnett-produced series to air on ABC. He currently has shows on CBS (Survivor), FOX (Are You Smarter Than a Fifth Grader?) and NBC (Celebrity Apprentice).