Wednesday, July 13

One Miiiiiiillion Dollars

If you’ve ever had a brilliant idea, Simon Cowell has a show for you. He’s producing The Million Dollar Idea for ABC, a contest that will find inventors pitching their ideas and competing for $1 million.

Auditions will feature a three-judge panel (wow, what an original idea!) who listen to idea pitches. Then, “nine finalists will be given seed money of $50,000 to develop their concept further. … The nine contestants will ultimately be narrowed down to three finalists, with viewers choosing the winner in a live finale broadcast,” Variety reports.

--Clearly Simon Cowell and company will be the big winners (financially speaking). I seriously doubt the audience will be. And frankly, if it works anything like 'Idol', the producers will "own" the Million Dollar Idea, not the inventor.

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