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> Dr Phil's cable network declares bankruptcy after a little over a year

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#1 Yesterday 05:18:19

Dr Phil's cable network declares bankruptcy after a little over a year

BAGGERS
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facepalm

https://www.cnn.com/2025/07/02/media/dr … bankruptcy

Dr. Phil’s TV network, Merit Street Media, filed for bankruptcy on Wednesday and sued Christian television giants Trinity Broadcasting Network and TCT Ministries for allegedly harming its business and contributing to its financial woes.

The lawsuit, filed by Fort Worth-based Merit Street with the US Bankruptcy Court in the Northern District of Texas, claims that TBN, the network’s broadcast partner, backed out of its obligations and instead “abused its position as the controlling shareholder.” As a result, Merit Street claims it was forced to “pay or incur obligations to third parties in excess of $100 million.”

The Chapter 11 bankruptcy declaration and lawsuit come just over a year after the joint cable venture’s official launch. Phil McGraw, known as Dr. Phil, launched the cable network despite the precarious state of the cable industry, which has seen customers cut the cord in favor of streaming entertainment and digital news platforms. The venture followed the conclusion of Dr. Phil’s 21-season show on CBS in May 2023.

However, according to the lawsuit, Merit Street’s troubles began almost immediately after it was established in January 2023, when Dr. Phil’s Peteski Productions first partnered with TBN, which puts out faith- and worship-based content as the world’s largest Christian network.

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#2 Yesterday 05:51:41

Re: Dr Phil's cable network declares bankruptcy after a little over a year

Mistakes were made.
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drphil

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#3 Yesterday 07:13:09

Re: Dr Phil's cable network declares bankruptcy after a little over a year

Dr Phil really veered off there. Meanwhile the catch me outside girl from his show is a top only fans prostitute.

Good job Dr. Phil golfclap

/s

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#4 Yesterday 07:50:25

Re: Dr Phil's cable network declares bankruptcy after a little over a year

Anti-science charlatan goes belly up.

party

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#5 Yesterday 08:47:52

Re: Dr Phil's cable network declares bankruptcy after a little over a year

Who the fuq is starting a cable company in 2023?
wtf

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#6 Yesterday 13:34:17

Re: Dr Phil's cable network declares bankruptcy after a little over a year

wrote:

Who the fuq is starting a cable company in 2023?
wtf

Dumbfuqs
       \
drphil

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