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Dr. Phil's TV network files for bankruptcy, sues Christian broadcaster alleging breach of contract
Dr. Phil's TV network, Merit Street Media, filed for bankruptcy and sued its distribution partner, the Christian broadcasting company Trinity Broadcasting Network, alleging breach of contract.
Merit Street Media, the cable network founded by the TV personality, filed for Chapter 11 bankruptcy in a Texas court on Wednesday. The complaint argues that TBN's "failures" were "a conscious, intentional pattern of choices made with full awareness that the consequence of which was to sabotage and seal the fate" of Merit Street. The complaint also alleges that TBN provided "comically dysfunctional" production services, including teleprompters that blacked out during live broadcasts, a shoddy mobile app, downgraded editing software, and an insufficient control room "operating out of a truck."
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