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Peak Time is an ongoing South Korean reality competition series created by JTBC. It premiered on February 15, 2023, and airs every Wednesday at 20:50 (KST) on first episode and changed to 22:30 (KST) from third episode onwards. It also broadcast simultaneously on TV Asahi and Abema in Japan, and streaming on TVING in South Korea and Viki in selected regions. Hosted by Lee Seung-gi, the program provides a stage for K-pop boy bands who have already debuted to once again prove their skills to the world beyond Korea and compete for the "Worldwide Idol" title. The final Top 6 teams will have a special benefit of disclosing their team's name while performing throughout the show and a concert. While the winning team will be given a prize of million, an album release and global showcase.

Development
JTBC released a teaser video for Peak Time on June 20, 2022 in hopes of recruiting K-pop boy bands that already debuted to participate in the show, as a whole. Under the supervision of JTBC chief producer Yoon Hyun-joon and production director Ma Geon-young, who were both involved in the production of the successful reality singing competition show Sing Again, the program aims to revitalize the careers of lesser-known Korean idols, regardless of their debut year. Ma commented that he "wanted to provide a platform" to those "who didn't have a chance to make themselves known to the public."

Lee Seung-gi, who was involved in the two seasons of Sing Again as its host, was recruited to be Peak Time's host. In choosing Lee, the production team noted his excellent wit and hosting skills during Sing Again, as well as his ability to sympathize well with the contestants, often providing musical advice, being a musician himself.

The panel of judges, which consists of 8 people, was announced on December 20, 2022. The production team had enlisted former Sing Again judges Kyuhyun and Mino to be part of the panel, with the former being assigned to as the lead judge of the show. It also includes Jay Park, Kim Sung-kyu, Lee Gi-kwang, Tiffany Young, SM Entertainment performance director Shim Jae-won, as well as prominent songwriter and producer Ryan S. Jhun. Regarding their roles as judges, Jhun aims to instill the importance of teamwork, while Young hopes to impart the know-hows that she has learned through her experiences as a K-pop idol. Moonbyul joined the judging panel beginning of the second round after Mino stepped down to fulfill his mandatory military service.

Voting system
First phase of voting by the general public opened on February 16, 2022 at the conclusion of Episode 2. Viewers can vote daily up to two teams and two individuals, regardless of their team membership. This round of voting will end on March 15, upon the airing of Episode 6.

Contestants
The show's contestants consist of 24 teams, with each team representing an hour on the 24-hour clock notation. With the exception of Team 24:00, each team represents a K-pop boy band that has already debuted or at the cusp of their debut. Team 24:00 is a group created by the judging panel from a pool of 1-member teams. These ten individuals auditioned to the program alone, without their fellow bandmates, who were not able to participate due to varying circumstances. These include Gon (from Argon that debuted in 2019), Heedo (from B.I.G, 2014), Kim Byung-joo (from Xeno-T, 2013), Kim Hyun-jae (from Black6ix, 2017), Kim Shin (from Team X, 2019), Moon Jongup (from B.A.P, 2012), Minjae (from Spectrum, 2018), Minseong (from Varsity, 2017), Taeseon (from TRCNG, 2017), and Wontak (from Rainz, 2017). Individuals that were not chosen by the judges were eliminated.


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Survival round
Episodes 1 and 2, which both broadcast on February 15, 2022, encompassed the entirety of the survival round. In this round, the results were based solely on the judges' decision. The judges had PICK buttons that they must press to lock in their votes for any teams that peaked their interests while they are performing. Teams that received 6-8 PICKs automatically advanced to the next round, while those that received 3 or less were automatically eliminated. Any teams that received 4-5 were put on hold until further discussions were made between the judges. The teams were divided into three sections: the Rookie section, the Booster section, and the Suspended Activity section. Instead of their original team names, the teams performed using new team names assigned to them by the show. These new names are based on the numbers that each team had drawn during a lottery that took place before the survival round. Each number represents an hour on the 24-hour clock notation. The teams are forbidden to disclose their original names until they get eliminated or reach Top 6. Full versions of team performances, whether broadcast or not, were uploaded to the Peak Time official YouTube channel. At the tail end of the survival round, the 1-member teams were introduced and were invited to the stage to perform. After seeing the performances of the ten 1-member teams, the judges chose the individuals that will form Team 24:00.


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At the tail end of the survival round, the 1-member teams were introduced and were invited to the stage to perform. After seeing the performances of the ten 1-member teams, the judges chose the individuals whom they wanted to form Team 24:00.

First round – Rival match
Also referred to as a "rival match", the first round was shown during the broadcasts of Episodes 3 and 4 that aired on February 22 and March 1, 2023, respectively. The judges divided the remaining 16 teams into eight rival pairs and assigned each pair with a specific performance theme. Each team within the pairs were also assigned to either the blue or the red corner. Teams were given three weeks to prepare for their performances with the help from experts provided by the show. The winning team from each pair was awarded a benefit, wherein their cumulative number of votes would be doubled at the end of the first phase of voting. The winners were decided by the judging panel. Each judge has blue and red PICK buttons through which they cast their votes on whom they thought should win in each match. When a tie occurred, which happened between Team 13:00 and Team 14:00, the winning team was decided after a discussion between the judges.


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Second round – Coalition match
Introduced during the later half of Episode 4, the second round was announced to be an "coalition match", or a competition between alliances consisting of four teams. Each alliance was tasked to form three smaller groups that would represent their unified team in a four-way battle for the rap, vocal, and dance positions. The rap unit must have a maximum number of five members, while the vocal unit must only have six members. Only the dance unit had no member limit. The winning group from each battle will be determined by the judges and will earn 2% of the total cumulative votes for the whole alliance. These additional votes will be added to the teams at the end of the first phase of voting.

During the formation of the alliances, Teams 09:00, 20:00, and 11:00 were given the chance to select three teams to join them, forming Alliances A, B, and C, respectively. Teams that were not chosen in the end–namely, Teams 01:00, 04:00, 07:00, and 21:00–formed the last alliance, Alliance D. However, Team 11:00 was given the ability to switch Team 14:00 from Alliance B with Team 21:00 from Alliance D after being chosen by the majority of the 16 teams as the overall winner of the first round.

When the alliances were finalized, the teams chose the songs they will be performing during the alliance match through a series of quick game events.

2R Table
Each unit had three days and two nights to prepare for the performances.

L and C denotes leader and center of the unit, respectively.


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Discography
All releases were produced by SLL and Kakao Entertainment. Releases consist of live recordings of a few selected performances from each round.