Netflix completed the acquisition of Ready Player Me from a16z.

Netflix, a streaming service that offers a wide variety of content, including award-winning TV shows, movies, anime and documentaries, completed the acquisition of Ready Player Me, a provider of a cross-platform 3D avatar system for the metaverse, from a16z, a venture capital firm. Financial terms were not disclosed. "Our vision has always been to enable avatars and identities to travel across many games and virtual worlds. We’ve been on an independent path to make that vision a reality for a long time. I’m now very excited for the Ready Player Me team to join Netflix to scale our tech and expertise to a global audience and contribute to the exciting vision Netflix has for gaming," Timmu Tõke, Ready Player Me CEO.