The BBC’s long running TV show, Dragon Dens, is not set to be renewed for a 16th season. The show pits budding entrepreneurs against would-be investors, in the hopes of making a deal to secure an investment in the entrepreneur’s company or product.
Originally airing in the UK in 2005, the show is based on the original Japanese series, Money Tigers. The show has featured a very talented cast of investors, notably: Peter Jones, Theo Paphitis, Deborah Meaden and Duncan Bannatyne.
This has long been a problem for the producers, as finding highly skilled investors, who are willing to leave their private lives and other business commitments behind and become celebrities, is quite difficult. Consequently, this has caused Dragons’ Den to suffer from what many fans considered, sub-par investors.
The only originally Dragon remaining on the show is Peter Jones, with Deborah Meaden entering from Season 3 to Season 15. Fan favorite Duncan Bannatyne, who originally joined the show in Season 1 as an original Dragon left the show at the end of Season 14 due to other business commitments.
The show now averages an audience of 2.3 million viewers across the United Kingdom, with it struggling to break into the Top 5 most view shows for that time slot.
This combination of an inability to attract and retain a talented cast, coupled with the a declining viewership has led the show’s producers to cancel the show. Season 15 is expected to be the last season of Dragons’ Den.
That said, there is some hope that another network may pick up the show and continue producing episodes. Alternatively, fans can view one of the many versions of the show which are available in other countries. For example, Dragons’ Den Canada, Dragons’ Den Australia and Shark Tank USA (same concept, different name).