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Liberty Media acquired a 50% stake in the network and changed its leadership.President Michael Fleming and vice president Jake Tauber were both fired and former Fox Family Channel president Rich Cronin was hired to head the network. In addition, in the fall of 2001, the network acquired the rights to air the classic Press Your Luck (excluding the Michael Larson episodes, due to pressure from CBS; this angered many fans, resulting in CBS eventually giving Game Show Network the rights to the Larson episodes, airing them in a separate package, as well as in conjunction with the documentary Big Bucks: The Press Your Luck Scandal).In its first few months, GSN's commercials consisted of public service announcements (PSAs), promotions for its programming and commercials related to network parent company Sony.

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Game Show Network also aired a children's game show block at this time, highlighted by Joker! In 1999, the network began a slate of original programming, including Inquizition, All New 3's a Crowd and Hollywood Showdown.

The channel also launched original shows such as Extreme Gong (a remake of the classic Gong Show).

Spenny (a Canadian import) and the short-lived Fake-a-Date, a find-a-mate program with host Evan Marriott, the original Joe Millionaire. Blackjack and Poker Royale signified the beginnings of GSN's attempts to cash in on the TV poker craze at the time.

In 2006, GSN introduced High Stakes Poker, a poker show with a private game format among professional players, and also aired additional series World Series of Blackjack and a spinoff, Celebrity Blackjack.

On November 8, 2012, Direc TV sold an 18% interest in GSN to Sony. In the channel's early days, GSN aired a three-hour block called Club A.

M., consisting of five classic game shows, surrounded by thirty minutes' worth of interstitial trivia, interviews with game show producers, personalities, contestants and fans, and interactive call-in games, all hosted by Laura Chambers and Steve Day (which was also rerun in late night, with some new segments, under the title Late Night Games).

SPE was in competition with The Family Channel in launching a game show-oriented channel when The Family Channel announced the launch of its own service called Game Channel.

On December 2, 1992, Sony Pictures Entertainment made a deal to acquire the Barry & Enright game show library, and in a separate deal, struck a 10-year licensing agreement for the rights to the Mark Goodson game show library of more than 20,000 episodes including among others, What's My Line? Upon the deal, Sony said it would sell an equity stake in the network to Mark Goodson Productions, including the production of new original series by Jonathan Goodson Productions.

Contestants could win anything from jewelry to GSN merchandise, or during month-long contests, a new car or a hot tub.

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