Joe and Anthony Russo’s AGBO Scores $1.1 Billion Valuation, Sells Minority Stake to Nexon

Jan 10, 2022 302

AGBO, the entertainment company founded and controlled by “Avengers: Endgame” filmmakers Anthony Russo and Joe Russo, has sold a minority stake for $400 million to Tokyo-based game maker Nexon. The deal values AGBO at $1.1 billion.

AGBO was established by the Russo brothers and their producing partner Mike Larocca in 2017 and has created such films as the gritty war drama “Cherry,” the action thriller “Mosul,” the black comedy “Assassination Nation,” and “Extraction,” an action film with Chris Hemsworth that premiered on Netflix and inspired an upcoming sequel. 

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SOURCE: https://variety.com

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