Merit Street Media, the ambitious cable television network spearheaded by renowned TV personality Dr. Phil McGraw, has shockingly filed for Chapter 11 bankruptcy in Texas, barely a year after its high-profile launch. This unexpected development signals a significant financial entanglement, with the fledgling network directly alleging that its broadcast partner, […]
Tag: media industry
Warner Bros Discovery’s ‘Red Divorce’
Warner Bros Discovery is currently undergoing a significant corporate restructuring, metaphorically dubbed the ‘Red Divorce,’ a strategic maneuver sending considerable ripples throughout both the financial and entertainment sectors. This pivotal moment underscores the company’s well-documented penchant for dramatic strategic shifts, a characteristic subtly yet effectively highlighted by the striking imagery […]
Paramount bends to Trump: 5 takeaways
The recent agreement by Paramount Global to pay $16 million to settle a lawsuit brought by former President Donald Trump marks a pivotal moment for the media industry, underscoring the escalating pressures faced by news organizations from powerful political figures. This significant legal settlement, which had been widely anticipated across […]
Fox News sees second-highest rating in its history
Fox News has once again demonstrated its formidable presence in the American media landscape, reporting its second-highest rated quarter in the network’s history, according to the latest Nielsen ratings. This significant achievement underscores the enduring appeal and substantial reach of the cable news giant, particularly within the highly coveted weekday […]
CBS Chief George Cheeks Addresses Paramount’s Trump Lawsuit Settlement: Deal Allows Company Focus on ‘Core Objectives’
Paramount Global recently cemented a significant financial resolution with former President Donald Trump, agreeing to a $16 million payment to settle the protracted ’60 Minutes’ lawsuit. This high-profile Lawsuit Settlement, announced just hours before the media conglomerate’s 2025 annual shareholder meeting, quickly became a focal point of discussion, particularly when […]
Network 10 streaming claims biggest year yet
Network 10 has achieved a remarkable milestone in the Australian media landscape, reporting an unprecedented 16% year-on-year growth across its streaming platforms, marking its most successful period to date. This significant surge underscores a pivotal shift in how Australians consume media, with digital content rapidly becoming the preferred avenue for […]