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.
2 points
Good riddance to bad rubbish
43 points
Thoughts and prayers, scumbag. Oh no, you got scammed? So sad.
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100 million in debt.
The money went somewhere.
8 points
I love when the right grifts their own.
