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The Latest Breaking News from TBN

Dr. Phil’s media company ordered to liquidate after losing bankruptcy case with ‘no hope for rehabilitation’

‘This Chapter 11 case is an anomaly” since ‘there never has been a pretense of a rehabilitation or a reorganization’ of Merit Street, a bankruptcy judge said this week.

The Independent UK

Is Dr Phil's Career Over? MAGA Media Empire Implodes Amid Fraud Lawsuit and Massive Layoffs

Dr Phil's Merit Street Media is mired in bankruptcy turmoil, a $500m court fight and layoffs, while he readies a comeback with Envoy Media and fresh distribution.

International Business Times UK

Tamboran Acquires Falcon, Consolidating Australia's Busy Oil Basin

Tamboran Resources Corp. (NYSE:TBN) and Falcon Oil Gas Ltd. (OTC:FOLGF) signed a definitive agreement to merge operations across Australia's Beetaloo Basin, creating a company with about 2.9 million net acres and a pro forma market capitalization above $500 million.

Benzinga

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Deal Dispatch: PepsiCo, Sycamore, Dr. Phil, SSENSE, Bain's Chindata Lead M&A, Bankruptcy Moves

For the previous edition of Deal Dispatch, click here.

Benzinga

Bombshell texts in Dr. Phil case appear to reveal brazen and ‘problematic’ bankruptcy ‘scheme’ to kickstart new media company

‘The documents produced to date demonstrate that this bankruptcy was conceived as a scheme to divert the Debtor’s employees and intellectual property to Envoy, a competing business Dr. Phil founded the day before this case was filed,’ the Professional Bull Riders stated in its filing this week.

The Independent UK

Dr. Phil sued by Christian broadcaster for ‘reprehensible conduct’ in $500 million deal: ‘Years-long fraudulent scheme’

‘TBN now asserts its affirmative claims against Peteski and McGraw related to the years-long fraudulent scheme that they developed and executed to fleece TBN,’ the lawsuit alleges.

The Independent UK

Trilogy NextGen Reimagines the Broadcast Studio with Private 5G

Private 5G network powered by Ericsson 5G Radio Dot System and Microsoft Azure Edge Compute enables a connected studio experience

TV Tech

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Mike Huckabee warns ‘bullets’ will decide races if probes block Trump 2024 victory

The former Arkansas governor accused President Biden of using ‘banana republic’ tactics ‘to make sure Donald Trump is not his opponent in 2024’

The Independent UK

SET sounds alarm on TBN speculation

The Stock Exchange of Thailand (SET) has warned investors to carefully study available information before trading TBN Corporation shares, which debuted on the Market for Alternative Investment (MAI) on Monday.

Bangkok Post

Exclusive: World's largest Christian broadcaster taps Fox News alums for pivot to news

To build a "Christian lifestyle brand" rather than just "preaching and teaching."

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