Crowdfunded board game heavyweight CMON has warned it could face losses of more than $2m for its business activity last year, saying the rising cost of living had eaten into its revenues from tabletop game sales.
Financially-stricken board game publisher Mythic Games has quit trying to complete its $1.3m Kickstarter for kaiju-battling game Monsterpocalypse - one of its last remaining projects after several years of failing to fulfil a string of big-money crowdfunding campaigns.
Financially stricken French board game publisher Mythic Games has not been liquidated, despite a string of poorly researched reports flying across the internet - but the company expects to know by the end of October if its situation is indeed hopeless, BoardGameWire understands.
Mythic Games' fall from being one of the most successful crowdfunding-focused board game publishers of all time to one beset by financial woes has been swift. Company co-founder Leonidas Vesperini spoke to BoardGameWire about the decision behind the CMON deal, the death threats he has received since, and where the future lies for Mythic's two remaining projects.
Mythic Games, formerly one of the most successful crowdfunding-focused board game publishers of all time, has given up producing two of its outstanding Kickstarter projects worth $3.2m in favour of selling the intellectual property rights to CMON.
Mythic Games, one of the most successful crowdfunding-focused board game publishers of all time, is fighting for its survival after rising prices left it struggling under the weight of its expensive to produce, miniatures-heavy projects.
The financially troubled Kickstarter for the officially-licensed Rainbow Six: Siege board game is set to go into production for some of its backers after developer Mythic Games successfully persuaded them to part with significant amounts of extra cash to fund the game.
Mythic Games has denied it is on the verge of bankruptcy after a second successive Kickstarter in which it asked backers for extra contributions in order to finish producing the games.
Frustrated Kickstarter backers of a board game based on popular online shooter Rainbow Six: Siege are up in arms after developer Mythic Games told them to plough more money into the project in order to finish the game.
