Eric Darnley SmallDr. Phil’s Merit Street Media has filed Chapter 11 while suing Trinity Broadcasting for failing to deliver promised distribution, forcing the 15-month-old Merit TV into costly third-party deals. Peteski Productions tried bridging the funding gaps, but finances slid further after the Professional Bull Riders cut ties over unpaid fees. Controversial ICE raid coverage and minimal cable carriage worsened the outlook, with primetime averages plummeting to 17,000 viewers. Curious what went wrong? Click here. https://www.hollywoodreporter.com/business/business-news/dr-phil-merit-street-media-bankruptcy-2-1236309158/ #drphil #meritstreet #bankruptcy #trinity #pbr #iceraids #tv #media
so much for merit 😂
Dr. Phil’s Merit Street Media is going bankrupt and suing Trinity Broadcasting for breach of contract. The two-year-old company blames Trinity’s alleged failure to meet distribution obligations, plus fallout from a canceled PBR deal and its controversial “behind the scenes” ICE raid coverage. Peteski Productions tried bridging funding gaps, but financing fell through, triggering Chapter 11. The lawsuit claims Trinity abused its power as a shareholder. Want the full story? Click the link. https://www.hollywoodreporter.com/business/business-news/dr-phil-merit-street-media-bankruptcy-1236305002/ #drphil #meritstreet #trinity #bankruptcy #tv #contracts #mediabiz #pbr #iceraids #lawsuit #chapter11 #entertainment
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