Dr. Phil's Merit Street TV Startup Cuts Staff in Reorganization.

Merit Street Media, a television company founded by Dr. Phil McGraw, has laid off fewer than 40 employees out of its 100-person staff. The job cuts affected various departments, including the morning and evening news show teams. The layoffs were part of a reorganization effort aimed at achieving greater efficiency. Merit Street Media operates the Merit Street TV network and produces shows such as "Dr. Phil Primetime," "Morning on Merit Street," and "The News on Merit Street." The company stated that it is working to create more synergy between its divisions and expand staff roles. Merit Street Media launched earlier this year in partnership with Trinity Broadcasting Network and has a reach of over 80 million homes. Dr. Phil McGraw, a psychologist known for his advice on relationship and addiction problems, ended his long-running show in 2023. [Extracted from the article]