Dr. Phil McGraw's firm is going through monetary troubles.

Advantage Road Media, the cable community based by the TV character, filed for Chapter 11 chapter in a Texas court docket on Wednesday. Advantage Road additionally filed a lawsuit towards its distribution companion, the Christian broadcasting company Trinity Broadcasting Community (TBN), alleging that TBN breached the businesses' contract and subsequently price Advantage Road over $100 million.

Representatives for Advantage Road and Trinity Broadcasting Community didn’t instantly reply to Leisure Weekly's request for remark.

The criticism, which has been reviewed by EW, outlines how McGraw shaped Advantage Road as a three way partnership between his different firm, Peteski Productions, and TBN. The criticism

claims that in 2023, McGraw left his daytime collection, Dr. Phil, after 21 years of manufacturing the present in Los Angeles as a way to collaborate with TBN in Texas and convey the present to primetime — solely to find that his new companions wouldn’t honor the phrases of their settlement.

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The criticism alleges that Peteski footed quite a few payments for companies that ought to have been offered by Trinity totally free — most notably the distribution of Advantage Road's programming onto quite a few networks that TBN owns throughout the US. The criticism claims that Trinity's refusal to distribute Advantage Road's programming price the McGraw's community $96 million in distribution charges alone, to not point out the personnel, insurance coverage, and manufacturing companies that TBN supposedly said it might cowl.

The criticism argues that TBN's "failures" have been "a acutely aware, intentional sample of decisions made with full consciousness that the consequence of which was to sabotage and seal the destiny" of Advantage Road.

The criticism additionally alleges that TBN offered "comically dysfunctional" manufacturing companies, together with teleprompters that blacked out throughout dwell broadcasts, a shoddy cell app, downgraded modifying software program, and an inadequate management room "working out of a truck." In line with the criticism, the circumstances have been so dire, Advantage Road's employees couldn't make telephone calls contained in the studio.

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Advantage Road is searching for an unspecified quantity of damages, plus attorneys' charges.

Advantage Road Media was based simply over a yr in the past, formally launching in April 2024. The community additionally produces exhibits like Via the Drama with Chris & Lauren, Steve Harvey, and The Island with Bear Grylls.

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