Did you know that Dr Phil, that old fraud, had put together a media company called Merit Street Media to combat the “Woke Mind Virus”? And that he partnered with Trinity Broadcasting Network (there’s a combo formed in Hell) to set it up? And that they sunk somewhere between $100 and $500 million into the assets for this company?
No? I didn’t either. Completely missed it. The first I heard of it was this bit of news:
This week, Merit Street also filed for Chapter 11 bankruptcy, Variety reports. At the same time, the company has sued TBN, and accused it of sabotaging the business, the outlet notes. Merit Street claims that TBN has “abused its position as the controlling shareholder” and that, as a result, Merit Street was forced to “pay or incur obligations to third parties in excess of $100 million.”
Not only a failure, but an ugly lawsuit between some awful conservatives, it’s like Christmas in July. The company also says of TBN:
The company further states that TBN provided production services that were “comically dysfunctional. Although it promised the equivalent of the professional facilities and services that Dr. Phil had long relied on when producing his show in Los Angeles for CBS, the supposed ‘first class’ services TBN promised under the Joint Venture Agreement were nothing of the sort. TBN provided screens and teleprompters that blacked out during live shows, an incomplete control room operating out of a truck, an unusable cell phone app for viewers, and amateur video editing software.”
Go Christian, go broke.