AGBO

What AGBO does

AGBO is an artist-led, Academy Award-winning independent entertainment studio founded in 2017 by directors Anthony and Joe Russo. Headquartered in Los Angeles with 11-50 employees, the studio produces premium film, television, and interactive content for major global streaming platforms and theatrical distribution. Its portfolio includes the Avengers Universe (including the Russo-directed Captain America, Infinity War, Endgame, and the upcoming Doomsday and Secret Wars), the Extraction Universe on Netflix (with international spin-offs in Korean and French), and the Citadel spy franchise on Prime Video (with regional spin-offs Diana and Honey Bunny). Standalone productions include Everything Everywhere All at Once (winner of seven Academy Awards including Best Picture in 2023), The Gray Man, The Electric State, The Bluff, and the horror series From on MGM+.

AGBO generates revenue primarily through enterprise content licensing and production deals with streaming platforms — notably Netflix, Amazon MGM Studios/Prime Video, Marvel Studios/Disney+, Apple TV+, and MGM+ — supplemented by IP licensing royalties across franchise extensions (merchandise, games, transmedia). The studio operates a relatively asset-light producer model, with physical production largely outsourced while AGBO captures producer fees, backend participation, and IP rights. In January 2022, Tokyo-listed gaming company Nexon acquired a 38% stake for $400 million at a $1.1 billion valuation, with a further $100 million committed, providing capital to pursue metaverse and interactive content ambitions.

The studio's technology backbone is AGBO Labs, an internal division developing virtual production tools (Virtual Art Department, Virtual Camera, Motion Capture, PreViz) and a proprietary real-time rendering animation pipeline built on Unreal Engine, with stated applications of AI to streamline creative workflows. In November 2023, Donald Mustard — former Chief Creative Officer of Epic Games and co-creator of Fortnite — joined as a partner to lead transmedia expansion into interactive media and games. Recent organizational changes in June 2026 included consolidating film and television divisions under new President Michael Disco (a New Line Cinema veteran behind ~$4.5B in cumulative grosses), alongside EVP and SVP promotions, positioning the studio to scale a multi-franchise theatrical and streaming slate through 2027 and beyond.

Name

AGBO

Legal name

AGBO Films LLC

Website

https://agbo.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

AGBO is an artist-led entertainment studio founded by Anthony and Joe Russo that produces premium film, television, and interactive content for major streaming platforms including Netflix, Prime Video, and Marvel Studios.

Ownership category

akta.pro rank

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Film Production: Production of theatrical films including Avengers franchise, Extraction franchise, and original productions. Films are distributed theatrically and through streaming partnerships.
2. Television Production: Production of TV series for streaming platforms including Citadel for Prime Video, with global spin-offs in multiple countries.
3. IP Licensing: Licensing of original IP for franchise development, merchandise, and interactive content including games and transmedia extensions.
4. Streaming Platform Deals: Multi-film and series deals with Netflix, Amazon MGM Studios, and other streaming services for original content production and distribution.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

AGBO is an artist-led, Academy Award-winning independent studio that produces film, television, and interactive media content for global distribution. The studio develops original IP and multi-platform franchises—including the Avengers Universe, Extraction Universe, and Citadel Universe—and delivers productions through streaming platforms such as Netflix, Prime Video, Disney+, Apple TV+, and MGM+, as well as theatrical releases. AGBO also operates AGBO Labs, an in-house innovation division focused on virtual production, AI-assisted filmmaking, and real-time rendering pipelines.

Product overview

AGBO is an artist-led, Academy Award-winning Independent studio founded in 2017 by Anthony and Joe Russo. The company operates as a multi-platform production studio creating content across film, television, and interactive media. Its portfolio includes major franchises: the Avengers Universe (including Captain America films and Avengers: Doomsday/Secret Wars), the Extraction Universe (Extraction, Extraction 2, upcoming Extraction Tygo and Mercenary series), and the Citadel Universe (Citadel and its international spin-offs Citadel: Diana and Citadel: Honey Bunny). The studio also produces standalone films such as The Bluff, The Gray Man, The Electric State, and Everything Everywhere All at Once (which won 7 Academy Awards including Best Picture). AGBO Labs serves as the technology innovation division developing tools for Virtual Production, Interactive content, and Animation. The company also maintains AGBOVERSE as a fan destination platform and runs educational initiatives including Pizza Film School podcast and the Russo Brothers Italian American Filmmaker Forum fellowship program.

Differentiator

Problem solved

Functional benefit

Products and services

• Avengers Universe Marvel Cinematic Universe franchise of superhero films directed by the Russo Brothers and co-produced with Marvel Studios, representing the highest-grossing Marvel films including Avengers: Endgame.
• Extraction Universe Global action franchise produced for Netflix starring Chris Hemsworth as Tyler Rake, with spin-off series Extraction Tygo and Mercenary expanding the universe internationally.
• Citadel Universe Global spy thriller franchise for Prime Video, executive produced by the Russo Brothers, with international spin-offs across multiple countries.
• The Bluff Period pirate action film released on Amazon Prime Video, produced by AGBO and Amazon MGM Studios.
• The Gray Man Action thriller directed by the Russo Brothers for Netflix, starring Chris Evans and Ryan Gosling.
• The Electric State Sci-fi feature film directed by the Russo Brothers for Netflix, starring Millie Bobby Brown and Chris Pratt.
• Everything Everywhere All at Once Academy Award-winning feature film by Daniels, produced by AGBO, that won 7 Oscars including Best Picture, Director, and Best Actress.
• From Horror television series on MGM+ about a nightmarish town that traps residents, produced by AGBO.
• Cherry Feature film about a war veteran turned bank robber, starring Tom Holland, released on Apple TV+.
• The Legend of Ochi Fantasy adventure feature film directed by Isaiah Saxon, released theatrically in April 2025.

Quantifiable outcome

• 16 global #1 openings across film and television
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, major, strategic and minor.

• Marvel StudioscoreStrategic or Co-development PartnerAGBO is co-producer with Disney and Marvel on Avengers: Doomsday (2026) and Avengers: Secret Wars (2027). The Russo Brothers are directing both films, marking an expansion of their creative partnership with Marvel Studios.
• Amazon MGM StudioscoreStrategic or Co-development PartnerAGBO produces the Citadel franchise and The Bluff with Amazon MGM Studios. Citadel Season 2 premiered on Prime Video in May 2026, and The Bluff was released on Prime Video in February 2026.
• NetflixcoreStrategic or Co-development PartnerMajor streaming partner producing Extraction franchise, The Gray Man, The Electric State, and upcoming Extraction 3. Extraction franchise has generated 270 million combined views across two films.
• LionsgatemajorStrategic or Co-development PartnerAGBO is producing the John Rambo prequel film for Lionsgate and Millennium Media. The film stars Noah Centineo as Rambo with James Franco cast as a villain. Anthony and Joe Russo serve as executive producers.
• SXSW LondonstrategicGTM or Marketing PartnerAGBO announced a partnership for SXSW London event ahead of Avengers: Doomsday release. Russo Brothers participated in panels and screenings at the festival, which attracted over 25,000 attendees.
• Italian Sons and Daughters of America (ISDA)coreStrategic or Co-development PartnerLong-standing partnership for the Russo Brothers Italian American Filmmaker Forum, awarding over $500,000 in grants to more than 50 filmmakers. Joint initiative supporting emerging filmmakers exploring Italian American experiences.
• Slamdance Film FestivalminorStrategic or Co-development PartnerThe AGBO X Slamdance Fellowship, established in 2018, pairs emerging filmmakers with mentorship from AGBO's creative leadership. Founded by Slamdance alumni Anthony and Joe Russo.
• SANDS Film FestivalminorStrategic or Co-development PartnerThe Russo Brothers founded the SANDS Film Festival at St Andrews, supporting new voices and creating a space for creative people to connect and discuss their work in the film industry.
• Donald MustardcoreStrategic or Co-development PartnerFormer Chief Creative Officer at Epic Games and co-creator of Fortnite joined AGBO as a partner in November 2023 to help take stories into video games and interactive media, advancing transmedia storytelling capabilities.
• Cinestar PicturesstrategicStrategic or Co-development PartnerCo-producer with AGBO on The Bluff film, starring Priyanka Chopra Jonas. Cisely Saldaña and Mariel Saldaña produce alongside AGBO's production team.
• Rocket ScienceminorStrategic or Co-development PartnerExecutive producer on The Bluff film, involved in the pirate action-adventure production alongside AGBO and Amazon MGM Studios.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lionsgate: Major studio co-producing the John Rambo prequel with AGBO. Comparable as a buyer/partner for AGBO franchises, with similar franchise-universe economics and global distribution reach.
• Skydance Media: David Ellison's diversified production studio behind Mission: Impossible, Top Gun: Maverick, and major streaming franchises. Comparable as a large independent with tentpole franchises, tech integration, and Paramount/Apple partnerships.
• Legendary Entertainment: Independent studio producing tentpole franchises (Dune, Godzilla, Jurassic World) with global distribution partnerships. Comparable franchise-universe strategy and similar co-production economics with major IP holders.
• Amblin Partners: Steven Spielberg's studio producing film and TV across multiple platforms with major studio backing. Comparable legacy prestige position, multi-franchise portfolio, and transmedia ambitions.

Direct peers

• A24: Independent artist-led film and TV studio known for prestige originals (Everything Everywhere All at Once was distributed by A24). Operates with a similar premium-IP, filmmaker-driven model and comparable headcount to AGBO.
• Bad Robot Productions: JJ Abrams and Katie McGrath's production company producing film, TV, and interactive content with major studio/streamer partnerships. Comparable in scale, franchise ambitions (Star Trek, Cloverfield), and technology-driven production approach.
• Blumhouse Productions: Jason Blum's independent genre studio with a high-volume, capital-efficient production model and deep streamer relationships (Amazon Blumhouse TV deal). Comparable independent production economics and platform-first distribution strategy.
• Media Rights Capital (MRC): Independent film/TV studio producing premium content (House of Cards, Knives Out, Ted Lasso) for global platforms. Comparable independent premium-content model and platform-deal-driven revenue structure.
• Monkeypaw Productions: Jordan Peele's production company developing genre film and TV with Universal partnerships. Comparable artist-led, prestige-oriented independent production model with franchise ambitions.

Emerging players

• Hivemind (now part of ?) / Secret Door: Independent production companies with streamer-first franchise strategies and emerging technology integration. Comparable in their stage, streamer-deal-driven economics, and IP-universe ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AGBOfilms
• Facebookfacebook.com/AGBOFilms
• LinkedInlinkedin.com/company/agbo-films

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AGBO