Production Company AGBO Gets $400M Investment to Expand into Gaming, ‘Interactive Experiences’

Video games, and film and television have been connected since the days of the original Super Mario Bros. film of the 1990s and the 25-year string of Pokémon cartoons and theatrical releases, to name just two. But as games have become more technologically advanced and sophisticated in terms of storytelling — and as film franchises have become increasingly bankable in an uncertain time for theaters — a new collaboration between two companies could rethink the way those two forms of media connect this decade.

Tokyo-based gaming company Nexon Co. Ltd. announced Jan. 5 that it has made a $400 million investment for a 38% stake in downtown-based production company AGBO Films, which was founded in 2017 by brothers Anthony and Joe Russo. The investment puts…