Dr. Phil’s Merit Street Media Files for Bankruptcy After Dispute with TBN
Dr. Phil McGraw’s Merit Street Media has filed for Chapter 11 bankruptcy in Texas after a financial clash with its broadcasting partner, Trinity Broadcasting Network (TBN). The filing, which also targets TCT Ministries, accuses TBN of mismanagement and causing over $100 million in liabilities. According to a source speaking to PEOPLE, this move isn’t about…