Joe and Anthony Russo of AGBO.
Joe and Anthony Russo of AGBO. They created the hit The Avengers films.
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Nexon invests $400M in Russo brothers’ film company at $1.1B valuation

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

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.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.