While IMTV has tons of potential to become a force in this market, LiveNation has a reasonable float of only 137 million which allows them to trade at that price. That is a substantially lower float than we have here. What is more probable imo is LiveNation/Ticketmaster notices bigger and better shows being assembled, the Marley name, 9 Mile affiliation, as well as growing revenues and wants a piece of the pie. LiveNation is known for being "greedy" and making every attempt to monopolize this market. They just made a big acquisition of Red Mountain Entertainment last month, which is a company that promotes big events here in the south east. LiveNation generally acquires a large stake of a company in order to become the "parent company" but allows that company to continue to operate independently; just under the LiveNation umbrella. Which equals more money plus less competition. This is a more likely a scenario for IMTV than getting to the trading level LiveNation is at as a competitor, without a major structure overhaul.
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