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NextTrip Closes Acquisition of GoUSA TV Assets, Expanding Strategic Media Footprint and Strengthening the "Media-to-Travel" Ecosystem

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)

NextTrip (NASDAQ:NTRP) closed acquisition of select GoUSA TV content and distribution assets on February 3, 2026, expanding its JOURNY media-to-travel ecosystem.

The deal consideration was $350,000 cash plus $350,000 in restricted common shares, and includes a multi-year royalty: 15% of gross advertising revenue and 1% commission on attributable destination booking revenue.

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Positive

  • Acquired GoUSA distribution footprint reaching an estimated 200+ million viewers
  • Added over a hundred hours of U.S. destination programming to JOURNY
  • Purchase price structure: $350,000 cash plus $350,000 restricted shares
  • Integration enables embedded booking pathways and QR-driven attribution

Negative

  • Seller earns 15% of gross advertising revenue, reducing ad-margin capture
  • Seller earns 1% commission on destination bookings tied to GoUSA content
  • Acquired platform previously suspended operations in September 2025

News Market Reaction – NTRP

+0.32%
1 alert
+0.32% News Effect
+$143K Valuation Impact
$45M Market Cap
0.5x Rel. Volume

On the day this news was published, NTRP gained 0.32%, reflecting a mild positive market reaction. This price movement added approximately $143K to the company's valuation, bringing the market cap to $45M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Historical GoUSA reach: 200+ million viewers Cash purchase price: $350,000 Equity purchase price: $350,000 +5 more
8 metrics
Historical GoUSA reach 200+ million viewers Global audience across FAST, VOD, and app platforms
Cash purchase price $350,000 Cash consideration for GoUSA content and distribution assets
Equity purchase price $350,000 Restricted common shares issued for GoUSA assets
Ad royalty rate 15% Of gross advertising revenue from GoUSA FAST channels and content
Booking commission 1% On destination booking revenue (ex-airfare) tied to GoUSA content
Minimum royalty guarantee Undisclosed amount Multi-year royalty arrangement includes a guaranteed minimum payment
Content hours added 100+ hours U.S. destination programming added to JOURNY library
Shelf capacity $75,000,000 Maximum aggregate offering under S-3/A shelf registration

Market Reality Check

Price: $3.01 Vol: Volume 69,876 is about in...
normal vol
$3.01 Last Close
Volume Volume 69,876 is about in line with the 20-day average 75,545 (slightly below). normal
Technical Price $3.10 is trading below the 200-day MA at $3.45 and well under the $7.14 52-week high.

Peers on Argus

NTRP is up 2.65% while peers are mixed: ISPO, TOUR, YTRA, YYGH up between 0.47–7...

NTRP is up 2.65% while peers are mixed: ISPO, TOUR, YTRA, YYGH up between 0.47–7.14%, EJH down 12.56%. No coordinated sector move flagged by momentum scanners.

Previous Acquisition Reports

5 past events · Latest: Nov 19 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 19 GoUSA TV LOI Positive -5.6% Entered exclusive talks to acquire GoUSA TV platform and related assets.
Nov 05 TA Pipeline update Positive +2.3% Post-acquisition update highlighting TA Pipeline traction and growth outlook.
Aug 12 TA Pipeline deal Positive +3.1% Acquired TA Pipeline group travel platform with projected 2025 revenue contribution.
Apr 14 Five Star Alliance buy Positive -8.0% Completed purchase of remaining 51% of luxury brand Five Star Alliance.
Apr 07 JOURNY asset buy Positive -14.5% Acquired JOURNY FAST channel assets to expand travel media footprint.
Pattern Detected

Acquisition headlines have produced mixed reactions, with more instances of negative than positive next-day moves despite strategically positive narratives.

Recent Company History

Over the past year, NTRP has repeatedly used acquisitions to build its travel and media ecosystem. Deals included JOURNY TV (Apr 7, 2025), the remaining 51% of Five Star Alliance (Apr 14, 2025), TA Pipeline (Aug 12, 2025), and subsequent TA Pipeline updates and the initial GoUSA LOI (Nov 5 and Nov 19, 2025). Today’s GoUSA asset closing advances that same acquisition-led strategy, deepening the media-driven demand funnel previously outlined.

Historical Comparison

+6.7% avg move · In the last 12 months, NTRP issued 5 acquisition-related updates with an average next-day move of 6....
acquisition
+6.7%
Average Historical Move acquisition

In the last 12 months, NTRP issued 5 acquisition-related updates with an average next-day move of 6.7%, showing that deal news has historically driven meaningful but directionally mixed reactions.

Acquisitions have methodically expanded NTRP’s ecosystem from media (JOURNY), to luxury travel (Five Star Alliance), to group travel (TA Pipeline), and now to GoUSA TV assets integrated into JOURNY.

Regulatory & Risk Context

Active S-3 Shelf · $75,000,000
Shelf Active
Active S-3 Shelf Registration 2025-11-21
$75,000,000 registered capacity

NTRP has an effective shelf registration on file to offer up to $75,000,000 of various securities over time, which can be used for working capital, product development, acquisitions, and general purposes, potentially adding future equity or debt supply to the market.

Market Pulse Summary

This announcement closes the GoUSA TV asset acquisition, adding over 100 hours of U.S. destination p...
Analysis

This announcement closes the GoUSA TV asset acquisition, adding over 100 hours of U.S. destination programming and access to a historically 200+ million-viewer footprint integrated into JOURNY. It reinforces NTRP’s media-led demand strategy, following earlier acquisitions in luxury and group travel. Investors may track how embedded booking pathways, royalty obligations, and the existing $75,000,000 shelf interplay with already elevated operating losses and funding needs.

Key Terms

vod, avod, restricted common shares, qr-driven engagement, +2 more
6 terms
vod technical
"Historical Reach to More than 200 Million Viewers Across FAST, VOD, and Major App Platforms"
VOD, or "video on demand," is a service that allows viewers to watch movies, TV shows, or other video content whenever they choose, instead of following a fixed broadcast schedule. For investors, companies offering VOD platforms are important because they operate in the rapidly growing digital entertainment industry, affecting how people consume media and creating new opportunities for revenue and innovation.
avod technical
"Combined with JOURNY's existing FAST, AVOD, and digital distribution, GoUSA content becomes part"
AVOD stands for ad-supported video-on-demand, a streaming business model where viewers watch shows or movies for free or low cost while ads play during the content. For investors it matters because this model trades higher audience reach and faster user growth for lower revenue per viewer and greater dependence on advertising rates and ad-selling performance, much like a free newspaper that earns money from ads rather than subscriptions.
restricted common shares financial
"purchase price of $350,000 in cash and $350,000 in restricted common shares of NextTrip, Inc."
Restricted common shares are company stock that cannot be freely sold or transferred until certain conditions are met, such as time-based vesting, performance targets, or regulatory clearance. For investors, they matter because they reduce the number of shares available to trade today but can increase supply later, affecting share price, liquidity and potential dilution — like a stash of coupons that can't be used until a future date.
qr-driven engagement technical
"By embedding attribution, QR-driven engagement, and deep-linking into booking workflows"
QR-driven engagement is the use of quick-response (QR) codes to prompt customers, patients, or investors to take an immediate action—such as visiting a webpage, watching a video, completing a form, or redeeming an offer—and to track those interactions. For investors, it matters because QR codes turn physical or digital outreach into measurable behavior (like clicks, sign-ups, purchases), acting like a tracked doorway that shows whether marketing, product launches, or communications are actually reaching and persuading the intended audience.
form 8-k regulatory
"full terms and conditions of the transaction, is available in the Company's Form 8-K filed"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
royalty financial
"transaction also includes a performance-based royalty arrangement pursuant to which the seller"
A royalty is a payment made to the owner of a resource or asset—such as a patent, mineral rights, or creative work—whenever others use or profit from it. For investors, royalties provide a steady stream of income without owning the entire asset, similar to earning a small commission each time a product is sold or a service is used. This makes royalties an important factor in valuing certain types of investments.

AI-generated analysis. Not financial advice.

Historical Reach to More than 200 Million Viewers Across FAST, VOD, and Major App Platforms Aligns Directly with NextTrip's Media-Driven "Inspiration-to-Booking" Business Model

SANTA FE, NEW MEXICO / ACCESS Newswire / February 3, 2026 / NextTrip, Inc. (NASDAQ:NTRP) ("NextTrip," "we," "our," or the "Company"), a technology-forward travel and media company defining the intersection of Media and Travel, today 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 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.

Strategic Rationale: Media as Demand Infrastructure

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.

This approach reflects NextTrip's core thesis: travel media should not stop at viewership but extend into measurable booking intent and transaction conversion.

Management Commentary

"With this transaction, we are not simply acquiring a content library, we are acquiring valuable content assets supported by an established global audience footprint and proven distribution infrastructure," said Bill Kerby, Founder, Director, and Chief Executive Officer of NextTrip. "As travel discovery continues to shift toward media-driven engagement, integrating the GoUSA platform and content into JOURNY enhances our ability to influence consumer intent earlier in the decision cycle and efficiently convert that demand through our booking and technology platforms, supporting scalable monetization over time."

Ian Sharpe, Chief Operating Officer of NextTrip Media, added, "The travel content market is shifting from passive viewing to participatory engagement. By combining GoUSA's destination credibility with JOURNY's creator-driven formats and NextTrip's booking infrastructure, we are building a system where storytelling directly supports measurable travel outcomes."

Strengthening the JOURNY Platform

The acquisition adds over a hundred hours of U.S. destination programming, including documentaries, travel series, culinary features, and cultural storytelling, to JOURNY's expanding content library.

Combined with JOURNY's existing FAST, AVOD, and digital distribution, GoUSA content becomes part of a multi-platform programming and monetization system that supports:

  • Advertising and sponsorship revenue

  • Destination marketing partnerships

  • Creator-led and branded content

  • Direct booking pathways through NextTrip's commerce stack

By embedding attribution, QR-driven engagement, and deep-linking into booking workflows, NextTrip expects to increasingly align content performance with transactional outcomes rather than relying solely on audience metrics.

Content and Production Momentum Into 2026

During 2025, NextTrip materially expanded its owned and licensed content portfolio across travel documentaries, destination series, influencer-led programming, and branded travel entertainment.

With Save Your Day Films joining the JOURNY production ecosystem in 2025, the Company increased its capacity to develop original formats designed specifically for multi-platform distribution and commercial integration.

Planned 2026 programming includes:

  • Influencer- and creator-led destination series

  • Branded and sponsored travel formats

  • Long-form experiential storytelling

  • Content structured to support itinerary discovery and booking conversion

This production model is designed to ensure content supply scales alongside distribution and monetization, rather than operating as a standalone cost center.

Why This Matters for Investors

The GoUSA acquisition advances several core investment pillars:

  • Owned demand generation, reducing reliance on paid media

  • Scalable monetization across advertising, sponsorships, and destination-funded content

  • Embedded conversion, integrating booking pathways within media environments

  • Margin leverage, amortizing media assets across multiple revenue streams

  • Strategic optionality, enabling international expansion and partnerships with DMOs, suppliers, and travel trade

By integrating GoUSA into its broader ecosystem, NextTrip strengthens control over both the inspiration layer and the transaction layer of the travel journey.

Industry Context

Independent research continues to support video as a primary driver of travel intent. According to Expedia Group's Consumer Travel Index Survey (October 2025), video content significantly outperforms static formats in influencing travel decisions, with audiences increasingly favoring authentic, creator-led storytelling, particularly among younger demographics.

These trends reinforce NextTrip's strategy to build a video-first, commerce-enabled travel platform rather than a traditional online travel agency or content publisher.

Transaction Overview

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 (excluding airfare) directly attributable to GoUSA content. The royalty arrangement applies over a multi-year period and includes a minimum guaranteed payment. Additional information, including the full terms and conditions of the transaction, is available in the Company's Form 8-K filed with the U.S. Securities and Exchange Commission.

About GoUSA TV

GoUSA TV is a free, ad-supported travel entertainment channel that inspires global audiences to explore the USA through films, documentaries, and original series celebrating the nation's diverse destinations, food, culture, and music. Available on more than 20 platforms in over 100 countries, GoUSA TV reaches millions of viewers each month across Europe and international markets.

About NextTrip

NextTrip, Inc. (NASDAQ: NTRP) is a technology-forward travel and media company defining the intersection of media and travel. Through its owned media platforms, including JOURNY.tv and TravelMagazine.com, and its proprietary travel technology stack, NextTrip delivers an integrated inspiration-to-booking ecosystem that connects travel discovery directly to transaction and fulfillment. The Company operates a portfolio of travel brands and platforms, including Five Star Alliance, a global luxury hotel and resort booking platform; NXT2.0, its proprietary booking and payments engine; and TA Pipeline, a purpose-built group travel and meetings booking platform serving travel advisors, suppliers, and destination partners. Together, these assets enable frictionless booking across luxury FIT travel, group travel, destination weddings, conferences, and concierge-managed experiences, supported by flexible payment options such as PayDlay. By owning both the inspiration layer through premium video-led storytelling and the transaction layer through integrated booking technology, NextTrip enables travelers to move seamlessly from discovery to booking, while providing destinations, brands, and travel partners with measurable engagement, demand generation, and conversion opportunities.

For more information, visit www.nexttrip.com and investors.nexttrip.com.

Forward-Looking Statement Disclaimer

This announcement contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. For example, statements regarding the Company's financial position, business strategy and other plans and objectives for future operations, and assumptions and predictions about future activities are all forward-looking statements. These statements are generally accompanied by words such as "intend," anticipate," "believe," "estimate," "potential(ly)," "continue," "forecast," "predict," "plan," "may," "will," "could," "would," "should," "expect" or the negative of such terms or other comparable terminology.

The Company believes that the assumptions and expectations reflected in such forward-looking statements are reasonable, based on information available to it on the date hereof, but the Company cannot provide assurances that these assumptions and expectations will prove to have been correct or that the Company will take any action that the Company may presently be planning. However, these forward-looking statements are inherently subject to known and unknown risks and uncertainties. Actual results or experience may differ materially from those expected or anticipated in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, regulatory policies, available cash resources, competition from other similar businesses, and market and general economic factors.

Readers are urged to read the risk factors set forth in the Company's filings with the United States Securities and Exchange Commission at www.sec.gov . The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts:

NextTrip, Inc.
Richard Marshall
Director of Corporate Development
Richard.Marshall@nextTrip.com
or
MZ Group - MZ North America
Chris Tyson
Executive Vice President
949-491-8235
NTRP@mzgroup.us
www.mzgroup.us

SOURCE: NextTrip, Inc.



View the original press release on ACCESS Newswire

FAQ

What did NextTrip (NTRP) acquire in the GoUSA TV transaction on February 3, 2026?

NextTrip acquired select GoUSA content, brand rights, and distribution assets for cash and equity. According to the company, the deal includes content, distribution rights, and integration into JOURNY to support monetization and bookings.

How much did NextTrip (NTRP) pay for the GoUSA TV assets and what are the payment terms?

NextTrip paid $350,000 cash plus $350,000 in restricted common shares as consideration. According to the company, the agreement also includes a multi-year royalty: 15% of gross ad revenue and 1% commission on attributable bookings.

How will the GoUSA acquisition affect NextTrip's media-to-commerce strategy (NTRP)?

The acquisition expands owned content and distribution to drive booking conversion within JOURNY. According to the company, GoUSA content will act as a U.S.-focused demand layer feeding direct booking pathways and measurable attribution.

What ongoing payments or obligations did NextTrip (NTRP) agree to in the GoUSA deal?

NextTrip agreed to a performance-based royalty arrangement with minimum guarantees. According to the company, the seller receives 15% of gross advertising revenue and 1% of destination booking revenue tied to GoUSA content.

Does the GoUSA acquisition materially change NextTrip's content library and distribution reach (NTRP)?

Yes; the deal adds over 100 hours of U.S. destination programming and a large distribution footprint. According to the company, GoUSA historically reached an estimated 200+ million viewers across FAST, VOD, and major app platforms.
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