How Mark Cuban changed Shark Tank’s requirement that companies give equity or profit to ABC, Mark Burnett

Shark Tank‘s first four seasons included an on-screen disclaimer that noted that “Sony Pictures Television, a designee of Mark Burnett, and ABC may receive equity in or a share of revenues generated by the businesses included in this program.” That was true whether or not the company made a deal, but it is no longer true, and has been retroactively reversed thanks to Mark Cuban.

Cuban already changed Shark Tank on camera, making the show more entertaining with his unexpected deals and willingness to engage and challenge both entrepreneurs and other sharks. He’s now changed the show behind the scenes.

As Jason Cochran first noticed, late last month, responding to a post by Robert Scoble that mentioned the requirement, Cuban wrote on Facebook (typos are original),

“Fyi, There is no additional equity or percentage of anything taken any longer. That was removed retroactively. I told them i wouldn’t come back this season if it wasnt.

To their credit all involved realizes thw quality of companies and entrepreneurs woukd decline if they didnt.”

ABC and Sony had no comment.

Surprisingly, man not eaten alive on Eaten Alive

Eaten Alive

Discovery Channel’s happy family holiday special Eaten Alive aired Sunday, rewarding viewers for their two full hours of viewing by ensuring that they spent quality time in the company of others instead of wasting that time doing something else that might not have been as satisfying, such as buying things that have labels which accurately reflect their contents.

Winter 2015 reality TV debut schedule

winter 2015 reality TV schedule

Mark your calendars with all these upcoming reality TV show debuts, including Celebrity Apprentice, The Bachelor, and another season of MasterChef Junior, all of which kick off in early January.

There are also 20+ shows debuting in December--including the one-off return of The Sing Off. No winter break for reality TV.

about the writer

Andy Dehnart is a journalist who has covered reality television for more than 15 years and created reality blurred in 2000. A member of the Television Critics Association, his writing and criticism about television, culture, and media has appeared on NPR and in Playboy, Buzzfeed, and many other publications. Andy, 36, also directs the journalism program at Stetson University in Florida, where he teaches creative nonfiction and journalism. He has an M.F.A. in nonfiction writing and literature from Bennington College. More about reality blurred and Andy.