Dr Phil’s anti-woke TV network and streaming service has filed for bankruptcy just over a year after launching.
The TV doctor, real name Phil McGraw, launched Merit Street Media in April 2024 with the ambition for it to become “one of the most widely distributed startup networks in modern history.”
The Fort Worth, Texas-based network and streaming service was designed to take on the “cultural ‘woke’ assault” that McGraw thinks American families are suffering. However, just weeks after laying off 40 employees in a second round of job culls after a round of redundancies in August last year, the company filed for Chapter 11 protection on Wednesday. A hearing is scheduled for 9:30 a.m. Thursday.
The post Dr Phil’s Anti-Woke TV Network Files for Bankruptcy a Year After Launch appeared first on The Daily Beast