The makers of MapleStory invest $400 million in a Russo brothers-founded company to expand to film and TV

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Nexon is making a minority investment of $400 million in AGBO, a company founded by Avengers co-directors Anthony and Joe Russo and producer Mike Larocca, to expand its gaming franchises to film and TV.

Nexon, which develops the popular MMORPG MapleStory, wants to bring its gaming franchises to film and TV, and it’s investing nearly half a billion dollars — and the potential for more — to do so. The company announced Wednesday that it’s making a minority investment of $400 million in AGBO, a company founded by Avengers co-directors Anthony and Joe Russo and producer Mike Larocca, and says it will invest up to an additional $100 million in the first half of this year “if requested by AGBO.

” It’s unclear at the moment what any of that will look like in reality or which franchises might be first to get some sort of adaptation. 'More gaming franchises are making the jump to film and TV' Nexon signaled it was serious about bringing its games to other mediums in July when it launched a film and television division headed up by Nick van Dyk, who led Activision Blizzard’s film and TV arm from 2014 to 2019 and worked at Disney for 10 years.

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