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|    tRUMP CRIME FAMILY to All    |
|    Trump's Friend Dr. Phil Sued For $500 Mi    |
|    20 Aug 25 00:00:11    |
      XPost: alt.fan.rush-limbaugh, alt.atheism, alt.politics.trump       XPost: rec.arts.tv       From: fucktrump2025a@sacbee.con              TBN Countersues Dr. Phil, Accusing Him of ‘Years-Long Fraudulent Scheme’ to       ‘Fleece’ Christian Broadcaster Under $500 Million Pact                                   Dr Phil McGraw       Getty Images              Trinity Broadcasting Network, former business partner of Dr. Phil’s now-       bankrupt Merit Street Media, filed a counterclaim against the TV       personality — alleging he engaged in a scheme to “fleece” the Christian       broadcasting company and “enrich” himself and “his associates and       affiliates.”              Merit Street Media, formed as a joint venture between TBN and Phil McGraw’s       Peteski Productions, filed for Chapter 11 bankruptcy protection on July 2,       2025. Concurrently, Merit Street sued TBN, alleging breach of contract and       claiming it “abused its position as the controlling shareholder.”       Related Stories       There Was, There Was Not       Armenian Documentary 'There Was, There Was Not' Acquired in U.S. by       Suncatcher, Watermelon (EXCLUSIVE)       Yance Ford       Yance Ford Named Visiting Artistic Director of True/False Documentary Fest       (EXCLUSIVE)              TBN, in its countersuit filed Tuesday (Aug. 19) in U.S. Bankruptcy Court in       the Northern District of Texas, named as defendants McGraw and Peteski,       which is the proposed debtor-in-possession lender of Merit. Trinity       Broadcasting accused McGraw and Peteski of fraudulent inducement and breach       of contract. A copy of the complaint is at this link.              “The response to TBN legitimately and lawfully defending itself from       Peteski and McGraw’s bad-faith attacks is to cry foul because they do not       like the true facts that they themselves now regretfully put at issue       before this Court, revealing McGraw’s true illicit intent and wrongful       conduct which he self-described as a ‘gangster move’ and as ‘11th-hour       poker,’” Trinity said in the complaint.       ADVERTISEMENT              SEE ALSO: Dr. Phil Fires Back at His Bankrupt Company’s Legal Foes,       Accusing TBN and PBR of ‘Inflammatory and Damaging’ Attacks Aimed at       Depressing Value of Merit Street              TBN said Peteski and McGraw engaged in a “years-long fraudulent scheme that       they developed and executed to fleece TBN, a not-for-profit corporation, to       enrich McGraw, his associates and affiliates. TBN is confident that the       truth will set it free, and result in Peteski and McGraw being held       accountable for their reprehensible conduct.”              A rep for McGraw’s Peteski Productions said in a statement to Variety,       “TBN’s latest lawsuit is riddled with provable lies, and is part of a       lawfare litigation strategy designed to distract people so no one notices       when TBN ultimately is held accountable for walking away from its       commitments here. Among other things, they claim we didn’t create any       episodes. A simple check of IMDb tells the real story — we created more       than 200 episodes. People lost their jobs and Peteski Productions has       incurred millions of dollars of losses because of TBN’s bad behavior. We       will continue to fight for justice in this case.”              According to TBN, in 2022, McGraw sought to strike a deal with Trinity as a       potential network to replace CBS as a producing and distribution partner       for the “Dr. Phil Show.”              “McGraw specifically represented to TBN that he wanted to change networks       because of what he perceived to be CBS’s censorship of the content aired on       the ‘Dr. Phil Show,'” TBN’s complaint said. “As McGraw put it, ‘I don’t       want snot-nose lawyers telling me what I can and can’t say on TV.’”              On Jan. 10, 2023, TBN entered into a binding letter of intent with Peteski       to create Merit Street Media and paid McGraw’s company $20 million on Jan.       12. Under the agreement, Merit Street was owned 70% by TBN and 30% by       Peteski.       ADVERTISEMENT              However, according to TBN, Peteski had misrepresented to Trinity that “CBS       was selling out the advertising inventories for the ‘Dr. Phil Show'” and       that the new programming McGraw would create for TBN would be 90-minute       shows, rather than the then-current 60-minute shows, in order to increase       overall ad revenue through the longer show format. Moreover, Peteski told       TBN that the then-current $68 million annual production costs for the “Dr.       Phil Show” would be reduced by at least 40% by moving all related       production activities from California to Texas and not bringing any current       personnel associated with show to Texas, as well as “eliminating unionized       employees and benefits and reducing overall headcount,” among other cost-       saving measures.              According to TBN’s suit, “even though McGraw had previously represented       that he would substantially reduce production costs by eliminating all the       high union salaries of the then-existing ‘Dr. Phil Show’ personnel and       would use TBN personnel or hire local Texans, McGraw instead caused Merit       Street to hire dozens of existing employees from the ‘Dr. Phil Show’ whom       he claimed were ‘essential.'” By May 2023, McGraw’s “essential” employees       numbered at least 30 individuals, “many of whom were pre-existing union-       based employees who were paid California union-based compensation and       expected comparable union-type hours and benefits,” the Trinity lawsuit       said.              Per the agreement forming the joint venture, TBN would provide production       and distribution services to Merit Street. In return, Peteski was obligated       to provide “new content,” including “160 (90 minute) new, topical episodes       of the show ‘Dr. Phil’ (the ‘Show’) delivered over 24-27 production weeks,       as needed,” according to the TBN complaint. “For that, McGraw (through       Peteski) would receive a whopping $50 million per year for ten years — a       total of $500 million, if (and only if) Peteski and McGraw performed.”              By June 2024, however, Peteski and McGraw “had not produced a single 90-       minute episode, let alone the 160 episodes required by the [contract], and       based on its production schedules, apparently had no intent to produce the       ‘new content’ required under the [contract] in the remaining weeks on the       production calendar,” the TBN lawsuit alleged. “In an effort to shift blame       for their failures to TBN, Peteski and McGraw accused TBN of breaching its       obligations under the [contract] and not providing Peteski and McGraw with       the resources they needed to produce content for Merit Street.” In       addition, McGraw refused to allow Merit Street to air old episodes of the       “Dr. Phil Show,” which TBN said it had asked him to do in an effort to       “keep programming costs down and capture McGraw’s previous viewer base.”              Peteski, in filing last week opposing motions made by TBN and Professional       Bull Riders — Merit Street’s largest creditor with a $181 million debt       claim — disputed TBN’s claim that McGraw failed to produce any of the       promised episodes of “Dr. Phil Primetime” under the JV agreement. “The              [continued in next message]              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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