Complex sentence: The high-stakes, high-octane, extreme musical chairs show was initially picked up for 10 episodes and began airing in the summer of 2012 and moved into its second cycle in early 2013.
Split into simpler sentences: The high-stakes, high-octane, extreme musical chairs show was initially picked up for 10 episodes and began airing in the summer of 2012. Oh Sit! moved into its second cycle in early 2013.