2. misc-audio
  3. 183828-114769

MQA Declares Bankruptcy

https://www.musicbusinessworldwide.com/high-res-music-tech-company-mqa-enters-administration-in-the-uk/#:~:text=High%2Dresolution%20music%20technology%20company,the%20US%20and%20other%20countries.

 

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.

128x128vinyl_rules

Showing 3 responses by dinov

dinov's avatar
dinov
802 posts
 

I don’t think all of this is over for mqa in terms of the format. 

dinov's avatar
dinov
802 posts
 

Interesting, just saw an email from Sound and Vision that TIDAL is now offering hi-rez FLAC subscription plan subscriptions.

dinov's avatar
dinov
802 posts
 

@curiousjim

No, until now FLAC wasn’t the center of their hi-rez tier, MQA was. That was MQAs thing with the “unfolds” to save bandwidth. I’m sure somebody else could elaborate on the technical specifics but that’s how I understand it. Check out the Sound and Vision Article

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