Latest news with #Sportskeeda.com
Business Standard
07-05-2025
- Business
- Business Standard
Absolute Sports acquires TJRWrestling.net and ITRWrestling.com
Absolute Sports, a subsidiary of Nazara Technologies and the parent company of announced today that it has signed definitive agreements, subject to closing conditions, to acquire two IPs, and These business assets will be acquired from Titan Insider Digital. These IPs add to the already dominant global position of Absolute Sports in the combat sports publishing industry. TJRWrestling and ITRWrestling established in 2009 and 2020 respectively, have built a robust audience base within the wrestling fan community through their high-quality and in-depth combat sports news and content coverage. Together, they currently attract 1.7 million monthly active users and generate 4.6 million monthly pageviews, predominantly from North America. They generated $722K (~INR 6.1 crore) in revenue in 2024. The transaction, valued at $1.25 million (~INR 10.5 crore), will be an all-cash asset purchase via the company's U.S. subsidiary, Sportskeeda Inc., and is expected to close within the next 45 days. This strategic acquisition bolsters Sportskeeda's position in the combat sports segment and expands its presence in the U.S., home to the world's largest pro-wrestling fanbase. The integration of these platforms will also create deeper engagement opportunities for fans and advertisers across digital formats.
Business Upturn
07-05-2025
- Business
- Business Upturn
Nazara's subsidiary Absolute Sports to acquire TJRWrestling.net and ITRWrestling.com
Absolute Sports, a subsidiary of Nazara Technologies and parent company of has announced it has signed definitive agreements to acquire the business assets of and from Titan Insider Digital. The acquisition is subject to customary closing conditions. Established in 2009 and 2020, respectively, TJRWrestling and ITRWrestling are known for their coverage of professional wrestling. The two platforms attract a combined 1.7 million monthly active users and generate 4.6 million monthly pageviews, primarily from audiences in North America. In 2024, the platforms generated a combined revenue of $722,000 (approximately INR 6.1 crore). The acquisition is structured as an all-cash asset purchase valued at $1.25 million (around INR 10.5 crore). The deal will be executed through Sportskeeda Inc., the U.S.-based subsidiary of Absolute Sports, and is expected to close within the next 45 days. According to the company, the acquisition is aimed at expanding its footprint in the U.S. combat sports market and enhancing its digital reach among wrestling fans and advertisers. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
