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.

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Showing 1 response by muvluv

@mattmiller Needless to say the digital Audio world has always had its ebbs and flows, and will continue to do so.

 

 

Audio coaxial cables FTW 

 

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