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0.00068165382366274 -0.000702414853825008 -0.00243250070068475 -0.00450860371691637 -0.00779576682594993 -0.00796877541063587 -0.0124669986124711 -0.00866080974937974
Stock impact report

Netflix Just Made Another Big Gaming Move [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Amid Netflix's proposed buyout of Warner Bros. Discovery, the streaming platform has made another big business move, acquiring a gaming startup amid the company's push further into games. Netflix has paid an unspecified sum for Estonia-based Ready Player Me, a company that builds the technology used to create gaming assets that are available across different titles. "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," CEO Timmu Tõke said Netflix confirmed to TechCrunch that Ready Player Me's team of 20 people will join Netflix, but only one of the executives, CTO Rainer Selvet, is shifting to Netflix. There continue to be many unknowns about the deal, too, like whe Show less Read more
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