Dr Phil announces his iconic talk show will end after 21 seasons

After 21 years, Phil McGraw has decided to say goodbye to his iconic daytime talk show Dr Phil.

CBS Media Ventures announced this week McGraw will be exiting the programme for "new ventures."

The 72-year-old host — whose contributions to daytime television were honoured with a star on the Hollywood Walk of Fame in 2020 — reportedly plans to finish out the current 2022–2023 season.

Speaking about his decision in a statement, McGraw said: "I have been blessed with over 25 wonderful years in daytime television.

"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. 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."

He added that new projects were on the horizon, which he is hoping to launch in early 2024.

The former licensed psychologist started his television career as a life coach on The Oprah Winfrey Show in the 1990s.

He proved to be a hit with her fans and that success led to his own talk show, which premiered in 2002.

During its long run, the series earned 31 Daytime Emmy nominations.