Judge Keeps Dr. Phil Media Biz In Ch. 11, Is Up To Boost DIP

By Emlyn Cameron · August 19, 2025, 4:55 PM EDT

A Texas bankruptcy judge on Tuesday suggested he would approve more postpetition financing for a bankrupt broadcaster co-founded by Dr. Phil once an agreed upon order was before him, while also...

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Bankruptcy Scorecard

Summary

A Texas broadcasting network co-founded and co-owned by TV personality Dr. Phil's production company filed for bankruptcy to sell its assets. It simultaneously sued the other half of the joint venture, Christian broadcaster Trinity Broadcasting Network, alleging it failed to live up to its obligations under the partnership.

Case Number

8:25-bk-80156

Judge

Scott W. Everett

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Related Sections

Case Information

Case Title

Merit Street Media, Inc.

Case Number

8:25-bk-80156

Court

Texas Northern

Nature of Suit

Date Filed

July 02, 2025

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