AGBO Co-Founder & Vice Chairman Mike Larocca Departing Russo Brothers’ Studio At Year’s End
deadline.comLongtime Russo Brothers partner Mike Larocca is leaving the filmmakers’ studio AGBO that he co-founded at the end of this year, Deadline has confirmed.
As the Co-Founder and Vice Chairman of AGBO, Larocca focused on creative development and production. Said Joe and Anthony Russo in a statement to Deadline, “We founded AGBO with Mike seven years ago.
In that time, he’s been an exceptional producing partner and an exceptional friend. We’re proud of what we’ve accomplished together, and we know Mike will continue to do incredible work in his next endeavor.” Deadline understands Larocca’s departure is amicable and he’s eyeing the next chapter of his career.
He leaves AGBO on high note with the studio being reportedly evaluated at $1.1 billion after receiving a $400M investment (for 38% stake) from Tokyo based video game maker, Nexon Co.
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