User:Lambertman/TPIR

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The Price Is Right is a television game show format currently owned by the FremantleMedia wing of the RTL Group, originally created by Bob Stewart, then an employee of Goodson-Todman Productions in the United States.

The original format, which first aired in the USA in 1956, generally involved four contestants bidding on lavish prizes; after a pre-determined number of bids, the player whose bid was closest to the correct value of the prize would win it. At show's end, the player who had won the most (by dollar value) was declare dthe champion and returned to play again on the next episode.

An updated version of the format premiered in the USA in 1972. In this new iteration, contestants place one bid on an offered prize; the player who bid closest (but not over) then got to play one of several mini-games (dubbed Pricing Games in most countries) for an additional prize. One contestant, through various elimination formats, could find themselves winning a large showcase of prizes at the show's conclusion.

The 1972 United States edition, hosted by Bob Barker, still airs as of July 2006, and is believed to be the second longest-running game show in any country (trailing only Sábado Gigante).

see also User:Lambertman/Template: The Price Is Right, which would go right about here