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Dr. Phil McGraw’s Merit Street Media Undergoes Layoffs
Merit Street Media laid off employees Friday. Almost 40 employees were impacted, bringing the company's headcount to about 100 for a 30% reduction.
Merit will continue striving to create more synergy between all divisions including staff expanding their roles within our live news, original programming, and sports and music endeavors.” According to sources, with the consolidation, the Fort Worth, TX-based Merit Street is creating a singular editorial and production group to service all of its content. Available across cable, satellite, and free over-the-air broadcast, Merit Street, which was announced in November, is anchored by the nightly program, Dr. Phil Primetime.
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