The "Dr. Phil" show is coming to an end after a 21-year run. Dr. Phil McGraw announced on Tuesday that he is retiring from his successful daytime talk show, but is planning a new venture to restore "our core values."
"I have been blessed with over 25 wonderful years in daytime television," McGraw said in a statement. "With this show, we have helped thousands of guests and millions of viewers through everything from addiction and marriage to mental wellness and raising children."
McGraw added, "This has been an incredible chapter of my life and career, but while I’m moving on from daytime, there is so much more I wish to do."
The daytime talk show host hinted at his future. "I am compelled to engage with a broader audience because I have grave concerns for the American family, and I am determined to help restore a clarity of purpose as well as our core values."
The 72-year-old talk show host will immediately shift focus to "prime-time programming and plans to announce a strategic prime-time partnership, scheduled for an early 2024 launch, which will expand his reach and increase his impact on television and viewers."
Steve LoCascio, president of CBS Media Ventures, said, "Phil is a valued partner and member of the CBS/King World family, and while his show may be ending after 21 years, I'm happy to say our relationship is not."
"Phil changed the daytime landscape as the force behind one of the most popular talk shows ever on daytime TV," LoCascio continued. "We plan to be in the 'Dr. Phil' business with the library for years to come and welcome opportunities to work together in the future."
CBS Media Ventures will repackage old episodes of the "Dr. Phil" show by adding new intros by McGraw and guest updates.
McGraw earned a doctoral degree in clinical psychology from the University of North Texas. He became a licensed psychologist and co-founded Courtroom Sciences, Inc. – a trial consulting firm that became the inspiration for the CBS prime-time show "Bull."
Oprah Winfrey hired Courtroom Sciences, Inc. for her defamation trial against a Texas beef group in 1995. Oprah was reportedly so impressed with McGraw that she invited him to appear on "The Oprah Winfrey Show." By 1998, McGraw was appearing on "The Oprah Winfrey Show" weekly as a relationship and life strategy expert.
In 2002, McGraw launched his "Dr. Phil" show, which was produced by Oprah's Harpo Studios.
"Dr. Phil" has been at the top or second-best in ratings in its genre for all 21 years and has been nominated for 31 Daytime Emmy Awards.
McGraw started "Dr. Phil" spin-off shows such as "Dr. Phil House," "The Doctors," and "House Calls with Dr. Phil."
McGraw hosts two podcasts, "Phil in the Blank" and "Mystery & Murder: Analysis by Dr. Phil."
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