Dr. Phil McGraw’s media venture, Merit Street Media, has filed for Chapter 11 bankruptcy and launched a lawsuit against its primary distribution partner, Trinity Broadcasting Network. The Fort Worth-based media company, which began operations in early 2024, cited financial hardship and failed capital raises as key reasons behind its financial collapse.
California Attorney General Rob Bonta urged state residents to delete their data from DNA genetic testing company 23andMe amid the entity's reported bankruptcy.
