Investors in Sirius Satellite Radio have become familiar with
Applied Media Media Technologies Corporation (
AMTC).
AMTC is the exclusive provider of
SiriusBusiness services, and has inked many deals throughout 2006.
What many may not understand as yet is what exactly
AMTC does, and how they incorporate
SiriusBusiness into their operations.
AMTC was founded in 1991 and has grown to become one of Americas largest telephone on-hold messaging solutions providers.
AMTC’s core business centers around the well known
TelAdvantage platform.
While the issue of on-hold programming may seem simple, it goes far beyond what many people anticipate. Music on hold requires that the rights fees to organizations such as the
ASCAP,
BMI and
SESAC are paid. Along with music,
AMTC can provide scripted
pre-recorded messages that speak to the services or goods that a
TelAdvantage client sells or services. The combination of music and messages can make
TelAdvantage a powerful tool that entertains and informs customers while they are on hold.
With a well established core
business in place with their
TelAdvantage service, the next logical step was to go beyond the phone system and into the background music business.
AMTC already had working relationships with the organizations that hold the music copyrights, and expanding the business to this sector would seem a logical step.
Getting into the background music business meant going head to head with an industry giant. That giant is Muzak, and Muzak seemed to have a perpetual lock-up on the background music field. This is where Sirius Satellite Radio came into the picture.
AMTC became the exclusive provider of
SiriusBusiness, and in doing so, was able to offer business a less expensive, and more compelling option for background music.
Comparison Chart for SiriusBusness and Muzak with a Muzak Attorney response is HEREAMTC's SiriusBusiness offers 69 channels of Sirius Satellite Radio for as low as $24.95 per month. With a cost that is far less expensive than the
completition, and the ability to combine a telephone on-hold solution, business suddenly had options that simply were not available in the past. The ability for a total solution that costs less has had a dramatic appeal thus far.
AMTC has signed nearly 2 dozen business to the service in 2006, and looks to continue with more additions in 2007.