NextTrip Completes Acquisition of GoUSA TV Assets
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.