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June 8, 2018

Patreon to Acquire Kit So Creators Can Sell Customized Merch

Auto-renew Subscription, Business Services, Memberships, Mergers and Acquisitions, News, Revenue and Sales, SaaS and Cloud Services /

In other acquisition news this week, membership platform Patreon announced that it is acquiring Kit, an online community where users can work with designers to create collections of their favorite products – grouped into kits. The acquisition will help Patreon artists and creators to more easily develop and offer customized merchandise for their subscribers and members. Terms of the acquisition were not disclosed.

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Five on Friday: App Store, GDPR and SaaS Back-up

Data and IoT, Entertainment and Streaming, News, SaaS and Cloud Services, Subscriber Only /

In this weeks Five on Friday, a study shows spending in the App Store has doubled to $42.5 billion, Adweek says GDPR is an opportunity to build trust with customers, Search Data Backup offers best practices for backing up SaaS data, financial experts share opposing opinions about Pandoras future, and Forbes explore the growing subscription box industry.

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