The vintage game show gets a new millennial primetime makeover, with Regis Philbin at the helm. As on the original "Password," the game features two teams, each comprised of one celebrity and one contestant, competing to guess a "password" revealed to the studio and home viewing audience. The team that earns the highest score then decides whether to keep their winnings or risk them by moving onto a suspenseful final round, where guessing a single word can earn a million-dollar grand prize.