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Dr. Phil's Merit Street Media JV, launched in April 2024, files for Chapter 11 and sues business partner Trinity Broadcasting Network for breach of contract — The TV personality's high-rated daytime Dr. Phil show ended a 21-year run after the 2022-23 season although it lived on in syndication.Liam Reilly / CNN: Dr. Phil's year-old cable network files for bankruptcy, accusing broadcast partner of reneging on obligationsMatthew Keys / TheDesk.net: Dr. Phil's media company Merit Street declares bankruptcyTrevor Bach / Dallas Morning News: Dr. Phil's media company files for Chapter 11, sues Trinity Broadcasting Network@_rkconsultants: Merit Street Media, Inc. Files Chapter 11 Bankruptcy 🚨 BANKRUPTCY FILING ALERT 🚨 MERIT STREET MEDIA, INC. Chapter 11 - Northern District of Texas Filed: July 2, 2025 Case No. 25-80156 📊 Assets: $100M-$500M | Liabilities: $100M-$500M | Total Creditors: 1-49 | Industry: [image]Ron Filipkowski / @ronfilipkowski: He went full MAGA. Never go full MAGA. [image]Peter / @_e_tto_: @RonFilipkowski Dr. Phil's Merit Street Media collapsing was inevitable—the latest victim of Trump's reverse Midas touch, where everything turns to ash. His fixation on cosplaying as ICE's backup dancer and pandering to MAGA's xenophobic carnival clearly backfired. Maybe if he'd focused more on [image]Anne Marie D. Lee / CBS News: Dr. Phil's Merit Street Media company files for bankruptcy less than 2 years after launch
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