Banijay Studios North America has picked up Armoza Formats’ studio-based challenge show, Double or Nothing. This is the first time that that Armoza and Banijay Studios N.A have worked together on a format. Double or Nothing has additionally been secured by Banijay Group in Italy and France. Germany’s Tresor TV Produktions has acquired the game show as well, which follows a pair of contestants who take on wacky challenges to win a cash prize. The duo must decide to double their earnings or lose everything.