A lawsuit says Trinity Broadcasting Network failed to meet its obligations to Dr. Phil's Merit Street Media, which was launched in 2024.

Merit Street Media, the television startup founded by celebrity psychologist Phil McGraw, laid off all but six of its employees the day it filed bankruptcy, saying it can’t make any new content after being forced out of business by its broadcasting partner.

Dr. Phil McGraw’s Merit Street Media has filed for Chapter 11 bankruptcy protection — and the TV talk-show host’s company is suing former partner Trinity Broadcasting Network, alleging breach of contract and breach of fiduciary duty.