Producer Nancy Glass of Glass Entertainment Group and entrepreneur, investor and TV host Marcus Lemonis (The Profit, Streets of Dreams) have partnered to purchase the rights to the legendary TV brand Let’s Make A Deal.
Glass (pictured, left) and Lemonis (right) retain the IP and all assets from Hatos-Hall Productions, and have brought in veteran TV and film executive Sharon Hall, former president of Endemol Shine Studios, as a consultant.
The acquisition also includes the rights to other game formats that will be rebooted and relaunched, part of an expansion strategy that will see Glass, Lemonis and Hall utilizing their combined knowledge and experience to create partnerships for the brand as well as global format distribution for live and touring shows.
The original Let’s Make A Deal premiered in 1963 and remained one of the most successful game shows in television history, with versions produced in several countries around the globe. The show currently airs on CBS and is produced by Fremantle.
“Let’s Make a Deal is so much more than a game show. It is part of American history and our entertainment culture. I love that it gives people the opportunity to be creative, think strategically, and make deals to win some really great prizes,” Lemonis said in a release. “I’m also very excited to be working alongside two powerful and successful women in entertainment. How could this not be a great deal for me.”
Glass and Lemonis most recently partnered for the new format The Renovator for HGTV and the podcast One Hundred Percent with Marcus Lemonis.
The deal for Let’s Make A Deal was negotiated by Qualia Legacy, Venable, CIBC as well as Morris, Yorn, Barnes, Levine, Krintzman, Rubenstein Kohner & Gelman, Isaacman, Kaufman, Painter, Lowry & Zucker and Eisner Law.