The Developer Studio behind MapleStory invest $400 million in AGBO

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16.1.2022 | The Developer Studio behind MapleStory invest $400 million in AGBO

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 on Wednesday that it’s making an 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.

The agreement is intended to accelerate the global expansion of Nexon’s existing and new franchise intellectual property in film and television and to further support AGBO’s development, production, and ownership of tent pole-led entertainment universes appealing to worldwide audiences, including via games and Virtual World experiences.

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