According to insiders Yang Hyun Suk will be working with 'Produce 101's 1st season's PD Han Dong Chul (he's also worked on 'Unpretty Rapstar' and 'Show Me the Money'). However, the show will be different from 'Produce 101' as it will center around idols who have already debuted. In this way, it's closer to KBS' upcoming 'The Final 99 Match'. The YG Entertainment version was in talks to air in SBS, but they have decided ultimately on MBC.
However, YG Entertainment has denied the MBC airing and have stated they are in the finishing stages of talking to another station.
Currently, the PD is meeting with about 20 labels to gather idols for the show.