Nexon invests $400M in Russo brothers’ film company at $1.1B valuation

Nexon has invested $400 million in AGBO, a film and entertainment company created by Avengers directors Anthony and Joe Russo.

The minority investment from Tokyo-based Nexon values AGBO at $1.1 billion, which is a vote of confidence in the Russo brothers, who made films such as Avengers: Infinity War and Avengers: Endgame, which were among the most successful Marvel movies of all time.