The Russo brothers, directors of the all-time top grossing film "Avengers: Endgame," quietly secured a roughly $50 million cash infusion for their production company AGBO from Saudi Arabia earlier this year, multiple sources tell Variety.In a deal brokered and closed at the beginning of the pandemic, the Russos received the investment from an undisclosed Saudi bank in exchange for a minority stake in the brothers’ Los Angeles-based shop. The money is earmarked to help fund development, production and overhead, two people familiar...
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Russo and older brother Anthony built a solid reputation directing comedies for the big (2006’s “You, Me and Dupree”) and small screens (“Arrested Development,” “Community”), before becoming the creative superheroes of the Marvel Universe with a string of four blockbusters climaxing with 2019’s “Avengers: Endgame,” the highest-grossing film ever. Now they’re taking on another genre with the globetrotting Netflix espionage thriller “The Gray Man,” starring Ryan Gosling and Chris Evans as competing assassins. The first entry in a potential franchise, the film is said to have a $200 million-plus budget, making it the priciest original to date for the streamer. They also co-wrote the 2020 actioner “Extraction,” starring Chris Hemsworth, and produced writer-director Matthew Michael Carnahan’s ISIS-fighter actioner “Mosul,” both for Netflix.