ABC Greenlights New Seasons of DANCING WITH THE STARS, THE BACHELOR & SHARK TANK

ABC has just announced the renewal of three popular reality series including DANCING WITH THE STARS, THE BACHELOR and SHARK TANK. The network shared the renewal news on Twitter:

About SHARK TANK: "Shark Tank," the critically acclaimed reality show that has reinvigorated entrepreneurship in America, has also become a culturally defining series. The recipient of the 2015 and 2014 Emmy Award for Outstanding Structured Reality Program, the business-themed show returns to the ABC Television Network for its seventh season.

The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream, and potentially secure business deals that could make them millionaires.

The Sharks are: billionaire Mark Cuban, owner and chairman of AXS TV and outspoken owner of the 2011 NBA champion 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.

The Entrepreneurs who dare to enter the Tank must try to convince the Sharks to part with their own hard-earned cash and give them the funding they desperately need to turn their dreams into million dollar realities. All of the good, bad, emotional and even absurd pitches help showcase the "I wish I had thought of that" business ideas and products.

In addition to winning the Emmy in 2014, "Shark Tank" received Emmy nominations for Outstanding Reality Program in 2012 and 2013. Additional recognition includes three Summer Television Critics Association (TCA) nominations for Outstanding Achievement in Reality Programming (winning in 2013), four Critics Choice Award nominations for Best Reality Series (winning in 2015 and 2014), NAACP Image Award nominations for Outstanding Reality Series in 2014 and 2015 and three Producers Guild Award nominations.

Viewers will continue to ride an emotional roller coaster this season, complete with heated fights between the Sharks, ingenious business ideas and touching moments. Whichever way the wheeling and dealing may go, many people's lives will be better off - because they dared to enter the unpredictable waters of the "Shark Tank."

Mark Burnett, Clay Newbill, Yun Lingner 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 MGM Television in association with Sony Pictures Television.

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