Shark Tank News: ABC Picks Up Shark Tank Spin-Off Titled Beyond The Tank

On Wednesday, ABC announced that it was moving forward with a Shark Tank spin-off titled Beyond The Tank.

The series will offer updates on the financial adventures of the companies that make deals on the show. While Shark Tank offers short updates on some businesses, the new series would be an in-depth, hourlong look at what happens after entrepreneurs partner up with the show’s moneyed investors including as Marc Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec, Daymond John, and Barbara Corcoran.

The network has not announced a premiere date for Beyond the Tank, which will consist of 10 one-hour episodes and will be executive-produced by Mark Burnett, who also oversees Shark Tank.

Here’s an excerpt from Wednesday’s press release:

“Beyond the Tank” will feature a look back at past “Shark Tank” pitches and deals to examine the highs and lows that can come from an appearance in the tank. The series will revisit entrepreneurs whose businesses were groundbreaking in terms of their technology, business model or branding who have taken their business to new heights with the help of the Sharks, entrepreneurs and their Shark investors who gambled on their businesses and lost, businesses that multiple sharks fought hard against each other to secure and even those entrepreneurs who did not get deals from the Sharks, but continued on in pursuit of their dream.

Mark Burnett, Clay Newbill and Phil Gurin are the executive producers of “Shark Tank,” which is based on the Japanese “Dragons’ Den” format created by Nippon Television Network Corporation. The series is produced by United Artists Media Group in association with Sony Pictures Television.