NXOI - Next 1 Interactive Inc.

Next 1 Interactive, Inc. (Next 1) is an interactive media company focused on real estate and travel. The Company delivers targeted content via digital platforms, including satellite, cable, broadcast, broadband, Web, print and mobile. Its media platforms include an around-the-clock lifestyle programming television network called R&R TV; a real estate video-on-demand (VOD) channel called Home TV on Demand (Home TV); a Web radio network called R&R Radio, and multiple Websites, including RRTV.com, which features live streaming of its television network over the Web. As of February 28, 2010, the Company had two operating divisions: Media and Travel. It is focused on launching a third division, Real Estate. On August 17, 2009, the Company entered into an asset purchase agreement with Televisual Media Works, LLC (Televisual Media), whereby it purchased certain rights, trademarks and other intangible property of Resort and Residence TV, a wholly owned subsidiary of Televisual Media.