ABC is increasing its investment in Shark Tank.
The network announced on Wednesday that it was moving forward with a spin-off titled Beyond the Tank, which will follow up on the financial adventures of the companies that wind up cutting a deal on the show. (Shark Tank often shows brief updates on the businesses, but this would be a deeper, hourlong look at what happens after entrepreneurs partner up with the show’s moneyed investors such as Marc Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec, Daymond John, and Barbara Corcoran. Including whether or not the deal even comes to fruition.)
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.
Shark Tank—which has been a ratings standout for ABC on Friday nights and already airs in syndication on CNBC—will unveil its 100th episode next month.
It’s been a strong financial week for Burnett, as TLC ordered a religious-themed reality series about answered prayers that he will executive-produce.