Netflix Acquires a16z-Backed Metaverse Identity Platform Ready Player Me

Netflix’s takeover of Ready Player Me aims to expand its TV gaming initiatives, with the service ending in January 2026 and all staff joining Netflix.

81d ago

Summary

Netflix has acquired Ready Player Me, a metaverse identity platform backed by Andreessen Horowitz (a16z), to bolster its TV gaming offerings. The service will shut down on January 31, 2026, and all team members will transition to Netflix. Ready Player Me had previously raised about $72 million from investors including Roblox CEO David Baszucki, Twitch co-founder Justin Kan, and GitHub co-founder Tom Preston-Werner.

Terms & Concepts

Metaverse: A virtual, interconnected digital world where users interact through avatars and immersive environments.
a16z (Andreessen Horowitz): A prominent U.S. venture capital firm investing in technology and blockchain startups.
Metaverse identity platform: A service enabling users to create and manage digital avatars for use across virtual worlds.