Overview
- CMON has paused all future game development and crowdfunding campaigns indefinitely, citing escalating US-China tariffs and global economic conditions.
- The company announced layoffs across all creative teams as part of cost-cutting measures to manage financial challenges.
- CMON is prioritizing the delivery of 11 outstanding projects, collectively backed by $26.1M, while awaiting stabilization of trade conditions.
- The publisher issued a profit warning in March, projecting potential losses of up to $2.1M and delaying its financial statements.
- The 145% US tariffs on Chinese manufacturing have severely impacted the board game industry, with other publishers also reporting financial strain.