NTRP News & Events

NextTrip provided shareholders with an update on progress related to its previously announced joint venture with KC Global Media, which is focused on launching and scaling the JOURNY Channel across India, Southeast Asia, and Australia/New Zealand, the international expansion of JOURNY, and the recent closing of its acquisition of the GoUSA travel channel and content. KC Global Media has now transitioned into the distribution and marketing phase of the launch across India, SEA, and ANZ. With the core infrastructure in place, KC Global Media has commenced structured regional road shows within its established partner ecosystem, showcasing JOURNY's brand identity and expanded content slate, advancing discussions with FAST and pay-TV platforms, and finalizing customized regional advertising and sponsorship packages. Early partner discussions are underway, including initial licensing and carriage structuring with select platforms. The recent closing of NextTrip's acquisition of GoUSA significantly strengthens the Company's media portfolio, adding a vast destination-focused content library and an established global footprint with meaningful historical viewership. The integration of GoUSA content expands programming depth while accelerating international reach through complementary audiences and distribution channels.

NextTrip announced the closing of its previously disclosed asset acquisition of select content, brand rights, and distribution assets of GoUSA TV, a travel streaming platform originally launched to showcase destinations across the United States. The company said, "The transaction represents a strategic expansion of NextTrip's owned media portfolio and reinforces the Company's long-term strategy to deploy premium, video-led travel content as scalable demand infrastructure for its booking and commerce platforms. GoUSA TV historically reached an estimated 200+ million viewers globally across connected TV, mobile applications, and digital platforms, including Samsung TV Plus, LG Channels, Titan OS, and TCL International. The platform suspended operations in September 2025 following U.S. federal budget cuts, creating a unique opportunity for NextTrip to acquire an established global distribution footprint at an attractive entry point. Rather than operating GoUSA as a standalone channel, NextTrip plans to integrate the platform into JOURNY, the Company's owned travel media network. GoUSA will serve as a U.S. focused demand-generation layer within NextTrip's broader media-to-commerce ecosystem." At closing, NextTrip acquired specified GoUSA content, along with associated distribution assets, for a purchase price of $350,000 in cash and $350,000 in restricted common shares of NextTrip, Inc. The transaction also includes a performance-based royalty arrangement pursuant to which the seller is entitled to receive 15% of gross advertising revenue generated from NextTrip's commercialization of the GoUSA FAST channels and content library, as well as a 1% commission on destination booking revenue directly attributable to GoUSA content. The royalty arrangement applies over a multi-year period and includes a minimum guaranteed payment.