It's a compression schema that has no future relevance, so not surprised. Hi-Res digital audio has now gone beyond the need for the specific capability. As others have said, it was never accepted as a viable choice by many, and called a scam by others. In any case there are better solutions out there now. Sorry for the haters, but Hi-Res audio is the next step in quality beyond the CD, and we will continue to see technology evolve and get better.
MQA Declares Bankruptcy
The financials are eye-opening. Annual revenue never exceeded £700,000 while administrative expenses exceeded £4,000,000 for 2020 and 2021!
Does anyone think Bob Stuart took this much money out of the company?
Wow. So MQA has become another Dolby FM technology. But then, many in the industry thought MQA was a scam.