By Tim Stack
Updated November 09, 2009 at 08:17 PM EST

E! Entertainment Television announced today that it has greenlit Bank of Hollywood, a new Ryan Seacrest-produced, one-hour reality competition. The series will feature everyday people petitioning for money in front of of an audience and a panel of celebrity judges, including Candy Spelling and Pussycat Doll Melody Thornton. The eight-episode series begins airing Dec. 14 at 10pm.