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.

vinyl_rules

Showing 1 response by romanesq

The MQA lossy standard reeked with control motivation from the very beginning. While they amped up some selective recordings pleasing some, on the whole it was considered a product for control more than improvement in sound. 

Good riddance. This should help Qobuz which is also good news.