Dr. Phil’s Anti-Woke TV Network Files for Bankruptcy After One Year
Merit Street Media, the anti-woke television network and streaming service founded by Dr. Phil McGraw, has filed for bankruptcy just over a year after its launch. The network, which aimed to combat the perceived “cultural ‘woke’ assault,” filed for Chapter 11 protection in the U.S. Bankruptcy Court in Texas after experiencing significant financial struggles. The company, which partnered with Trinity Broadcasting Network (TBN), is also suing TBN for failing to meet its distribution commitments. Despite the bankruptcy filing, Merit TV continues to operate as of Thursday morning.
John Q. Hosedrinker