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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@tunefuldude. I think one way in which tighter economic circumstances would have impacted on MQA relates to the fact that hardware manufacturers are less likely to be buying licences for a technology that appears to be losing traction.

What’s the point of Hi-res anyway, when most music is compressed to less than 10dB of dynamic range anyway!! It’s appalling how even vintage recordings are treated. And as for new music.... much of it that I like very much, is crushed and clipped and compressed so that little breath remains between the peaks. Just import the audio into any waveform editor and what you’ll see does NOT look like real music.  I never found MQA to sound any better, only mildly different.  

My opinion is that MQA never really had a chance because it is a proprietary  technology.   MQA adds costs and complexity throughout the music/supply chain to play high resolution music when the competition is using a standardized format that is free.

The music streaming market is brutal and the higher resolution part of the market is worse.  Time will tell if Tidal is able to survive.  I hope that the market changes help Qobuz to survive.  I love Roon and Qobuz works great with Roon.

 

Does this mean when streaming Tidal you are no longer listening to hi-res?  If not, what resolution are we listening to.