Academic Paper from the year 2016 in the subject American Studies - Literature, University of Constance, language: English, abstract: Reality television shows have comprehensive coverage of the word thanks to the internet. Shark Tank is one such show that was incepted in 2009 and has its initial geographical scope within the USA. However, due to new media, the same is now accessible to the world. The show has a few shortcomings on its veracity, emanating from contractual agreements made between investors and entrepreneurs where some of the contracts are not honored, yet the public perception is that they succeed. Socially, the series is of great value as it has enabled job creation through financed ventures, improved services offered to clients due to the funding of innovative products and services, as well as offer entrepreneurs and students a platform for networking and a pool of business knowledge through workshops and meeting events. Reality television shows are educative and enhance the new media form through a global reach approach to business