The TV Show is a humorous overhead action game similar to Bomberman in concept. The game consists of a scenario mode (single-player) and a versus mode (up to four players). Both modes offer seven characters to choose from. The characters are comically-themed and include a hyperactive schoolgirl, an armored ninja, and others. There is no real storyline behind these characters; each comes with a short introduction sequence that invariably leads to their admittance to an alien-organized TV show, where they have to defeat enemies and retrieve prizes.

Each stage is an overhead screen containing the protagonist, enemies, the prize, and several bombs. The bombs should be picked up and carried around; they are used to deal with enemies and blow up the receptacle in which the prize is contained. The green bombs change their color to yellow and red when picked up, at which point they are about to explode and have to be thrown to avoid damage. Bombs also blow holes in the terrain, and the player must pay attention not to fall through. In addition to bomb-carrying and bomb-throwing, each character possesses a special ability. These range from throwing projectiles at enemies to speeding up when driving a bike, depending on the selected character.