Netflix acquires a16z-backed metaverse avatar platform Ready Player Me

Techub News reports, according to Techinasia, streaming giant Netflix has acquired the a16z-backed metaverse Avatar platform Ready Player Me. The specific acquisition amount and terms have not been disclosed. Ready Player Me will cease service on January 31, 2026, and its entire team will be integrated into Netflix. According to previous news from Foresight News, Ready Player Me completed a $56 million Series B funding round in August 2022, led by a16z.