CNBC is bringing back the popular game show Deal or No Deal.
Howie Mandel, who hosted the original series that ran on NBC from 2005-2009, is returning to host and executive produce the series.
Produced for CNBC by Truly Original, a subsidiary of Endemol Shine North America, Deal or No Deal sees contestants compete for a top prize of US$1 million. Participants must choose from 26 sealed briefcases filled with varying amounts of money and are faced with a game of odds as they decide whether to take deals from a mysterious entity known as “the Banker” in exchange for what might be contained in the contestant’s chosen briefcase.
The reimagined series will feature “all the high energy and risk-reward that captivated audiences, with some exciting new twists,” according to the network.
CNBC chairman Mark Hoffman noted in a statement that Deal or No Deal is in line with the cable network’s other primetime programs, with a focus on business and money.
“Shows like The Profit and Shark Tank are built around high stakes and high rewards. Those same elements live at the heart of Deal or No Deal, which is why we believe it to be a perfect fit,” he said. “Today’s announcement confirms our deep commitment to primetime, strengthening our line-up, by adding one of the most successful game shows of all time along with the popular, original host, Howie Mandel.”
Also returning to the series is executive producer and showrunner Scott St. John, the EP behind hits such as Celebrity Name Game, Snap Decision,and the Match Game reboot.
Deal or No Deal is exec produced by Steven Weinstock, Glenda Hersh and St. John. Jim Ackerman and Christian Barcellos are the executive producers for CNBC.