this post was submitted on 06 Jul 2025
174 points (99.4% liked)

Business

1037 readers
5 users here now

A place to share business news and insights.


Rules


  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 2 years ago
MODERATORS
 

Dr. Phil McGraw’s conservative-leaning cable network Merit Street Media is filing for bankruptcy barely a year after its launch, and is also suing its distribution partner Trinity Broadcasting for breach of contract.

In its lawsuit against the Christian broadcaster, Merit Street alleged that Trinity “reneged on its obligations and abused its position as the controlling shareholder of Merit Street,” leaving the upstart channel with over $100 million in debt.

you are viewing a single comment's thread
view the rest of the comments
[–] Treczoks@lemmy.world 3 points 2 days ago

Yeah! Bitch Fight! Get out the popcorn, it might get entertaining.