Act as a seasoned television producer with 10 years of experience in crafting engaging reality TV shows. Write a detailed script for a new competitive reality show titled 'Pillow Fight Championship.' The show features [12 contestants] from diverse backgrounds, each with unique personalities and fighting styles. The script should include: 1) A dramatic introduction highlighting the stakes and the grand prize of [$100,000]. 2) A breakdown of the first episode, including contestant introductions, team formations, and the inaugural pillow fight tournament. 3) Incorporate humorous commentary from [two witty hosts] and intense reactions from the contestants during the battles. Ensure the tone is energetic, fun, and suspenseful, appealing to a broad audience. Include creative twists, such as themed rounds or surprise challenges, to keep viewers hooked.