Web Reference: Mar 5, 2026 · Dr. Phil launched a media company, Merit Street Media, in 2024 in partnership with Trinity Broadcasting Group (TBN), but he filed for bankruptcy in 2025. A federal bankruptcy judge recently ordered him to liquidate the company to pay off its debts, per Fox4 News. Phillip Calvin McGraw (born September 1, 1950), better known as Dr. Phil, is an American television personality and author who hosted the talk show Dr. Phil. He holds a doctorate in clinical psychology, though he ceased renewing his license to practice psychology in 2006. Jul 31, 2024 · “Dr. Phil” suddenly went off the air in 2023 after 21 seasons. Here’s what happened, why he got canceled and where the good “doctor” is now.
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