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Dr. Phil’s Media Company Ordered to Liquidate After Court Ruling

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Dr. Phil McGraw’s new media venture has hit a major setback. A U.S. bankruptcy court has ordered his network, Merit Street Media, to be liquidated after finding that the company had “no realistic path to recovery.”

Photo credit: The Wall Street Journal

The decision, handed down by Judge Scott W. Everett in Texas, ends months of financial uncertainty surrounding Merit Street, which Dr. Phil launched earlier this year in partnership with Trinity Broadcasting Network. The network was created to feature family-friendly talk shows and lifestyle programming and even served as the new home for Dr. Phil Primetime, his post-syndication television project.

Photo credit: The New York times

But things quickly took a downturn. Court documents reveal that Merit Street owes more than $180 million to creditors, including the Professional Bull Riders league, which had a multi-year broadcast deal with the company. PBR accused Merit Street of moving its assets into another venture, Envoy Media, just before filing for bankruptcy, a move the court viewed as a bad-faith attempt to shield resources. The ruling converts the company’s bankruptcy filing from Chapter 11 to Chapter 7, meaning a court-appointed trustee will now sell off its assets to pay outstanding debts.

Photo Credit: Chron

Dr. Phil’s representatives have pushed back on the judgment, saying they “strongly disagree” with the findings and plan to appeal. Despite the legal drama, the television personality still remains a dominant figure across television and digital media and recently teased new projects under his personal brand. For now, though, the once-ambitious Merit Street Media dream seems to have reached its final episode.

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Anne Hathaway Reacts to Backward Maternity Outfit Claims

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Photo: Instagram

Anne Hathaway turned a potential styling error into a moment of humor, responding to fans who thought she wore her red jumpsuit backwards.

The actress is expecting her third child with husband Adam Shulman and was in New York promoting “The Odyssey.” For one appearance, she chose a bold red peplum jumpsuit from Ashlyn New York’s Spring/Summer 2026 collection, styled by Erin Walsh. She paired it with dark sunglasses, a delicate gold necklace, and carried the look with confidence.

Photo: Ashlyn spring 2026

Shortly after, online commentary suggested the design may have been reversed. Runway images of the piece show a high neckline at the front, which indicated Hathaway had worn the back to the front.

Instead of deflecting, she addressed it directly. In a playful Instagram Reel, Hathaway shared screenshots of the headlines, then appeared on camera in another red look and deadpanned, “I did? I did… I did.”

The response landed well. Many fans said she made the outfit feel intentional, with comments like “Backward is the new forward” and praise for her willingness to laugh at herself.

The moment was one stop on a busy press run for “The Odyssey.” A day earlier, Hathaway opted for an understated all-black look with a Dior handbag and Sarah J . Maas’ ‘Crescent City” in hand.

Photo: Instagram

She announced her pregnancy in June with a brief Instagram video highlighting her baby bump. She and Shulman are also parents to sons Jonathan and Jack. According to “People,” Hathaway is focused on family while preparing for the releases of “The Odyssey” and “Verity,” approaching the season with the same professionalism and ease she brought to the red jumpsuit.

Read Next Post: Jennifer Aniston Shares Summer Photos with Boyfriend Jim Curtis

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Jennifer Aniston Shares Summer Photos with Boyfriend Jim Curtis

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Photo: Instagram

Jennifer Aniston gave followers a rare look at her summer, and at her life with boyfriend Jim Curtis, in a relaxed Instagram post on July 1.

Captioned “Incoming summer dumper!” the carousel captured low-key moments rather than staged shots. One image shows Aniston smiling beside Curtis, who stands by an open car door. Others highlight time with close friends Naomi Watts, Billy Crudup, Amanda Anka, and Jason Bateman. In a lighter frame, Curtis is pictured with Aniston’s dog, Clyde, after what looks like a home workout.

Photo: Instagram

The post drew a quick reaction from Sandra Bullock, who commented, “Every view, perfection.”

Aniston and Curtis, a hypnotherapist, were first linked in July 2025. “People” reported at the time that they met through mutual friends and were dating casually. A year later, the relationship appears steady. Curtis marked their anniversary with photos of the two together, including one of Aniston kissing him on the cheek.

A source told “People” that the relationship has been a stabilizing presence for Aniston. “They have a great partnership,” the insider said, noting that Curtis’ positive energy has resonated with the people around her.

Photo: Instagram

Curtis has also addressed how the relationship began. In an interview earlier this year, he said he and Aniston were introduced by mutual friends and connected through regular conversations. On a separate podcast, he emphasized communication as a foundation, explaining that they allow room for direct, honest talks, whether that means addressing issues right away or taking time to reflect first.

Photo: Instagram

Aniston has historically kept her private life out of view, which makes these shared moments stand out. Her latest post isn’t a formal announcement. It’s a quiet look at the people in her day-to-day, and a signal that her relationship with Curtis is continuing to develop at its own pace.

Read Next Post: Everything We Know About Taylor Swift and Travis Kelce’s Wedding

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Everything We Know About Taylor Swift and Travis Kelce’s Wedding

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Photo: Instagram
Taylor Swift and Travis Kelce have spent much of their relationship balancing global fame with an unwavering commitment to privacy. Since announcing their engagement in August 2025, the couple has shared few details about their wedding plans, leaving fans and media outlets to piece together the story through publicly reported information. Even with that discretion, their upcoming nuptials have become one of the most closely watched celebrity events of 2026, drawing attention from the worlds of fashion, entertainment and sport.

The celebration is scheduled to take place in New York City over the Independence Day weekend, although Swift and Kelce have not publicly confirmed the plans. Preparations linked to Madison Square Garden, including permit filings, increased security activity and large-scale event logistics, have fuelled widespread speculation that the iconic venue could host the ceremony or part of the celebrations.

Photo: Backgrid

The wedding festivities  is expected to unfold over two days, beginning with pre-wedding celebrations before the main ceremony. The schedule would allow Kelce to celebrate before returning to preparations for the upcoming NFL season, while the holiday weekend provides an opportunity for family and friends travelling from different parts of the world to gather.

Privacy appears to be central to the planning. Swift and Kelce have largely kept their relationship away from the spotlight despite intense public interest, and reports indicate the same approach is shaping their wedding. Enhanced security, restricted access and carefully managed guest arrangements have all been widely reported, reflecting the level of attention expected for two of the world’s most recognisable public figures.

Photo: Backgrid

Just as closely watched as the ceremony itself is the guest list. While no official invitations have been made public, the celebration is expected to bring together leading figures from music, film, fashion and professional sport. Among the names widely reported to have received invitations are Selena Gomez, Gigi Hadid, Ed Sheeran and members of the Kansas City Chiefs organisation, alongside Swift’s close friends and Kelce’s family. The couple has not publicly confirmed the guest list, and attendees are expected to remain private until they or their guests choose to share details.

Fashion is expected to be one of the defining talking points of the celebration. Throughout her career, Taylor Swift has shaped conversations around personal style, with each new chapter marked by a distinct fashion identity. Her wedding dress has therefore become one of the year’s most anticipated bridal fashion reveals. While neither Swift nor any fashion house has confirmed who designed the gown, industry attention remains firmly fixed on what is expected to be one of the most influential celebrity bridal appearances of 2026.

Photo: Backgrid

One of the reasons Madison Square Garden has emerged as the reported venue is its unique ability to host a celebration of this scale while maintaining a high level of privacy. The arena offers secure access points, extensive event infrastructure and the capacity to accommodate a large guest list without compromising security. Although Swift and Kelce have not publicly confirmed the venue, these features have made it a logical choice in reports surrounding the wedding.

Until Taylor Swift and Travis Kelce decide to share their wedding day with the public, many aspects of the celebration will remain based on reputable reporting rather than official confirmation. Even so, the anticipation surrounding the event speaks for itself. Whether admired for its fashion, its privacy or its cultural significance, the Taylor Swift and Travis Kelce wedding has already secured its place as one of the defining celebrity occasions of 2026.

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