Nazara Technologies Limited informs the Exchange regarding a press release dated May 07, 2025, titled "Nazara s subsidiary Absolute Sports acquires TJRWrestling.net and ITRWrestling.com ".
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Nazara Technologies' wholly-owned subsidiary Absolute Sports (parent of Sportskeeda.com) is acquiring two combat-sports digital media properties — TJRWrestling.net and ITRWrestling.com — from Titan Insider Digital. The deal is valued at $1.25 million (about ₹10.5 crore) and is an all-cash asset purchase routed through the U.S. subsidiary Sportskeeda Inc. The two sites together draw 1.7 million monthly active users and 4.6 million monthly pageviews, mostly from North America, and generated $722K (~₹6.1 crore) in revenue in 2024. TJRWrestling was founded in 2009 and ITRWrestling in 2020, both focused on pro-wrestling news and content. The transaction is expected to close within 45 days, subject to closing conditions.
This is a small bolt-on acquisition in a niche Nazara already dominates, so it is unlikely to move the stock significantly on its own, though it adds revenue and U.S. audience reach. The bigger story is continued M&A execution to build out Absolute Sports' U.S. digital media footprint.