In 4Kids Entertainment’s 3rd quarter report, they announce that they have “discontinued the business operations of our majority-owned trading card subsidiary, TC Digital Games LLC,” publishers of the Chaotic TCG. They go on to say
The cessation of the Chaotic related businesses should save approximately $1 million per quarter. In addition, the closing of the Chaotic business enables the Company to focus its resources on the Company’s core merchandise licensing business.
4Kids’ net revenues were down to $3 million from $5.3 million during last 3rd quarter. Net loss of $9.8 million. All around, they’re not happy.
they did it to themselves- inadequate promotion on launch, plus (more importantly) they didn’t get enough product onto the shelves at the right time.