After the success of the Mnet's popular reality talent show "Show Me the Money," also known as "SMTM" has been renewed for its fifth season. The fan-favourite hip hop competition is expected to return in spring, 2016. Read on for detailed scoop.

"Show Me the Money" premiered in 2012 and created quite a buzz. The show is now one of the most highly anticipated reality show to be aired in the year 2016.

On Jan. 6, 2016, the network Mnet made the official announcement about the series' renewal, according to Sports Donga. Meanwhile, Kpopstarz notes that the rap survival series is in pre-production stage and it is expected to begin with auditions in early February.

"Show Me the Money" Season 4 was surrounded by several controversies. However, the show did give the world some brilliant rappers. Loco won Season 1 and Soul Dive gained prominence after winning Season 2. Bobby of iKon from Team Illionaire along with his producers Dok2 and The Quiett was declared champion in Season 3. As for Season 4, several Season 3 contestants returned while Basick was crowned as the winner. Some of them were underground rappers even before they joined the show.

After its pilot season, the format of the show was changed. The contestants are divided into teams while they compete against each other for the most coveted prize. Despite the controversies, the show has been successful in giving the exposure to the talented and hone their talent. It is reported that the winners of the various seasons of "Show Me the Money" are currently doing well in the industry.

According to K Music, the show's producers are yet to be revealed. The airdate for "Show Me the Money" is yet to be announced. However, the Season 5 is expected to premiere sometime in May, 2016.