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

Related Articles

Nexon, the developer of the popular MMORPG Maple Story, Wants to bring its gaming franchises to film and television, and it is investing nearly half a billion dollars – and the potential for more – to do so. The company announced on Wednesday that it is making a $ 400 million minority investment in AGBO, a company founded by the Avengers Co-directors Anthony and Joe Russo and producer Mike Laroka, say they will invest up to an additional $ 100 million in the first half of the year “if asked by AGBO.”

According to a press release, “The agreement is intended to accelerate the global expansion of Nexon’s existing and new intellectual property (IP) in film and television and further support AGBO’s development, production and ownership of entertainment universes placed on a tent pole facing a global audience, including through games and virtual world experiences.” It is not clear at this time what all this will look like in reality or which franchises may be the first to get some sort of adaptation.

Naxon signaled that she was serious about bringing her games to other mediums in July when it was launched Film and Television Division Led by Nick Van Dyke, who led Activision Blizzard’s film and television arm from 2014 to 2019 and worked at Disney for 10 years. Van Dyke and Nexon’s VP will join AGBO’s board as part of the deal, and Nexon’s investment means it will own at least 38% of AGBO.

In recent years, many gaming franchises have made the leap to movies and TV shows; Netflix has had great success with this The Wizard Series and League of Legends-Based show mysterious, And this year, we have Sony’s We will not be investigated The movie and Mario movie led by Chris Pratt watch it. With Nexon’s huge investment in AGBO, we may see a fit of Maple Story Also in the future.



Please enter your comment!
Please enter your name here

Popular Articles