Dr. Phil McGraw‘s TV community Advantage Road Media has filed for chapter and a lawsuit towards its former associate, Trinity Broadcasting Community (TBN).
On July 2, the previous Dr. Phil host’s firm filed for Chapter 11 chapter safety along with suing TBN — alleging a breach of contract and a breach of fiduciary responsibility— in Texas, Selection reported.
The lawsuit claims TBN “abused its place because the controlling shareholder,” allegedly leading to Advantage Road Media being compelled to “pay or incur obligations to 3rd events in extra of $100 million.”
“These failures by TBN have been neither unintended nor inadvertent,” the doc reads.“They have been a aware, intentional sample of decisions made with full consciousness that the consequence of which was to sabotage and seal the destiny of a brand new however already nationally acclaimed community.”
Moreover, the lawsuit claims the “most egregious influence is TBN’s aware and understanding option to trigger Advantage Road to lose its nationwide distribution by withholding distribution funds regardless of repeatedly acknowledging these distribution funds have been 100% TBN’s sole duty.”
It continued, “Merely put, because of TBN’s conduct, Advantage Road has nowhere to ship its broadcast sign and nowhere to air its programming regardless of how nice it could be.”
The lawsuit claimed that TBN’s manufacturing tools was “comically dysfunctional,” with screens and teleprompters that allegedly blacked out amid dwell exhibits, a management room that operated out of a truck, an unusable app for viewers and sub-par video enhancing software program, per Selection. Moreover, Advantage Road employees steadily have been allegedly unable to make telephone calls from the studio due to poor cell protection.
Per CNN, TBN additionally allegedly precipitated the corporate CrossSeed to mortgage $25 million to Advantage Road after which assigned a promissory be aware to TCT Ministries, additionally named within the lawsuit.
Advantage Road is in search of damages and the price of its authorized charges.
Dr. Phil turned a family identify after showing on The Oprah Winfrey Present within the late ’90s. In 2023, he launched Advantage Road Media, telling the New York Submit it could be “a vacation spot community you can activate within the morning and depart on.”