Pro bull riding league files objection of Dr. Phil's media bankruptcy saying it is owed $181 million [View all]
Source: The Independent
Wednesday 23 July 2025 21:41 BST
Professional Bull Riders, the largest bull-riding league in the world, has filed an objection to the bankruptcy proceedings of Dr. Phil McGraw’s media network, claiming it is owed $181 million.
McGraw launched a conservative-leaning cable network in April 2024 called Merit Street Media. Barely a year later the network filed for bankruptcy and filed a lawsuit against its distribution partner Trinity Broadcasting for breach of contract earlier this month.
In its lawsuit, the media network claimed Trinity “reneged on its obligations and abused its position as the controlling shareholder of Merit Street,” leaving it over $100 million in debt.
The Professional Bull Riders, which pulled its programming from Merit Street Media last November, has been trying to hold McGraw personally responsible for the millions it says it’s owed by Merit Street.
Read more: https://www.independent.co.uk/news/world/americas/dr-phil-bankruptcy-bull-riders-b2794801.html
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