Dr. Phil McGraw's Merit Street Media is facing tough times as it files for Chapter 11 bankruptcy while simultaneously suing its distribution partner, Trinity Broadcasting, for breach of contract.

The multiplatform network owned by the once popular talk show host is facing financial struggles for which it finds its partner, Trinity Broadcasting Network, at fault.

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 ...

RadarOnline.com can reveal Dr. Phil McGraw 's Merit Street Media – once promised to be the next big thing in entertainment – is "hemorrhaging cash" as the 74-year-old desperately tries to woo ...