Avengers directors Joe and Anthony Russo’s film company, AGBO, have sold a 38% stake in the company to Japanese gaming firm Nexon in a deal worth $400 million. One of the big takeaways, according to The Hollywood Reporter, is that the popular Chris Hemsworth movie series Extraction for Netflix could become a video game.
Nexon made the announcement on Wednesday, saying the deal will “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.”
This will also include video games, Nexon said, though no specifics were announced. Under the terms of the deal, Nexon said it might put in a further $100 million in the first half of 2022 if AGBO requests it.
“AGBO is driven by creatives who aspire to work at the universe scale,” Joe and Anthony Russo said in a statement Come from Sports betting site VPbet . “AGBO’s partnership with Nexon represents a significant juncture for entertainment, furthering the convergence of franchise filmmaking and games with a global reach. Our collaboration is based on our shared vision of the future of storytelling and utilizes the unique talents of both companies.”