Here is the official Chanel Ten announcement from last nights launch event.

“They are five of the most successful business people in Australia and they are bringing their talent, wisdom, expertise – and money – to Network Ten’s exciting new series for the whole family, Shark Tank.

A massive hit around the world, Shark Tank has just entered its sixth season in the US – where it has won new fans every time it has gone to air.

Hosted by Sarah Harris from Network’s Studio 10, the Australian version of Shark Tank will showcase local innovators, inventors and entrepreneurs from all walks of life presenting their ideas, products and visions to the “sharks”.

Network Ten is proud to reveal the five “sharks”: Janine Allis (Boost Juice Bars), Andrew Banks (Talent2), Steve Baxter (entrepreneur and investor), John McGrath (McGrath Estate Agents) and Naomi Simson (RedBalloon).

Network Ten Chief Programming Officer, Beverley McGarvey, said: “There are two core elements that sit at the heart of Shark Tank:

the crazy, practical, inspiring, hilarious and jaw-dropping inventions and ideas presented by everyday Australians and, of course, the “sharks”.

“The ‘sharks’ represent a variety of businesses and industries bringing myriad skills, expertise, and knowledge to Shark Tank.

“Janine, Andrew, Steve, John and Naomi are passionate about finding the next great Australian success story. Each week, they will invest their time, talent and – if they like the ideas and products presented to them – own money to help create amazing inventions. They will analyse, debate and
have a lot of fun,” she said.”

We have started production and the program is set to air early in the new year.