CNBC International to Premiere Hit US show "The Profit" in the UK
London. Monday 6 June 2016. CNBC International today announced that it will air its hit US reality show, "The Profit" on its UK network. The show will air weekly on Tuesday evenings at 22.00 BST. The Season one will premiere will air on Tuesday 7th June at 22.00 BST.
The show follows renowned businessman, Marcus Lemonis, who goes on the hunt for struggling businesses that are desperate for cash and ripe for a deal. In the past 10 years, Lemonis has successfully turned around over 100 companies, and now he's doing something no one has ever done on TV before… putting over $2 million of his own money on the line.
In each episode, Lemonis makes an offer that's impossible to refuse; his cash for a piece of the business and a percentage of the profits. And once inside these companies, he'll do almost anything to save the business and make himself a profit; even if it means firing the president, promoting the secretary or doing the work himself.
Commenting on the news, CNBC's head of news and programming, John Casey said:
"The Profit has been a huge hit in the US and we're excited to be bringing the show to the UK. The show embodies CNBC's distinct brand and we believe our core audience of investors and entrepreneurs will enjoy this punchy reality format."
To learn more about "The Profit" and meet the man who calls the shots, visit: cnbc.com/the-profit.
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Notes to Editors:
AIR TIMES: The show will air weekly on Tuesday evenings at 22.00 BST on CNBC. Sky Channel 505. Each episode will be repeated on Saturday 2130-2230 BST and Sunday 1900-2000 BST.
Episode One Synopsis: Car Cash
Two feuding brothers who buy used cars for cash have watched their business dry up. Just weeks away from being forced to close their doors for good, they meet serial entrepreneur Marcus Lemonis. Despite a long list of problems, Lemonis believes "Car Cash" can become a thriving national brand. But that's only if these battling brothers are willing to listen to Marcus and each other.
Season One of "The Profit" was produced and created for CNBC by The Hochberg Ebersol Company (THE company) in association with Machete Productions. Justin W. Hochberg, Charlie Ebersol and Amber Mazzola are executive producers for THE Company. Jim Ackerman is the executive producer for CNBC.
CNBC is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe with three regional networks including CNBC in Asia, CNBC in EMEA and CNBC in the US. CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools. CNBC is dedicated to CEOs, senior corporate executives; the financial services industry and private investors. The channel is available in more than 385 million homes worldwide. CNBC is a division of NBCUniversal.