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

Someone here once described MQA as a stopgap solution to a temporary problem that had served its purpose and needed to die. What has changed besides the company's finances? To my ears it was always simply unlistenable.

IMO MQA always sounded inferior.  I did a A/B in my listening room Qobuz vs Tidal and FLAC via Qobuz almost always sounded better.  This was playing on a good and very revealing system not a boom box.  

 

The best thing that could happen for music consumers that care about quality is for MQA to sunset.  Then development and investments can be made to further the other formats or new alternatives.  If MQA goes away I won't miss it.