Television personality Dr Phil McGraw's conservative-leaning network, Merit Street Media, has lurched from splashy launch to courtroom slog, with Chapter 11 drama, mass layoffs and a $500 million legal brawl with former partner Trinity Broadcasting Network (TBN).
Yet even as the venture reels, McGraw is already building a successor platform, Envoy Media, betting that new backers and distribution can salvage his post-daytime reinvention.
