CNBC & MGM Television Pact for Business Hunters

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CNBC has greenlit the new prime-time series Business Hunters from Mark Burnett, chairman of worldwide television at MGM.

Slated to debut in the fall, Business Hunters features aspiring entrepreneurs who give up their day jobs to take a chance on themselves by buying a business. Entrepreneur CEO Matt Higgins and business broker and entrepreneur Mayumi Muller will guide the budding small business owners as they decide between potential businesses for sale.

The series will also feature live interactive play-along elements and additional engagement opportunities for viewers to put themselves in the shoes of the entrepreneurs.

Business Hunter is produced by MGM Television and Evolution Media with Burnett, Barry Poznick, Douglas Ross, Alex Baskin, Jen McClure-Metz, Matt Higgins, Eric Van Wagenen and Vanessa Ballesteros serving as executive producers. Timothy Kuryak is the executive producer for CNBC.

Burnett said: “I love this format. I’ve lived it! The idea of betting on yourself is the American dream. This will be unlike any show I’ve ever done in the business space because for the first time, the buyers are everyday people, just like the viewer at home.”

Denise Contis, executive VP and head of content at CNBC prime-time, said: “We are excited to partner with Mark Burnett on a new business reality series that will bring to life the stories of entrepreneurs at this pivotal moment in time. Whether you’re a would-be entrepreneur navigating the new realities of work, or debating a different path, CNBC at night is dedicated to providing viewers with content that will inspire and ignite your reinvention.”