Moshi Monsters maker in crunch talks on loan as figures show revenue slump

British children's entertainment firm Mind Candy also saw its net losses increase in 2014 as income from subscriptions and licensing declined

The maker of hit kids' game Moshi Monsters is in critical talks to extend the terms of a loan it cannot afford to start paying back after revenues slumped by more than half pushing the company into a 14m loss in 2014.

Mind Candy, the British firm that also makes World of Warriors, reported a 57% slump in revenues from 30.6m to just 13.24m in 2014.