No real dog in this fight but seems there's something afoot with MQA. According to various reports on line, the company is winding down either because it's in trouble or because it's preparing for a change of ownership. Here's What HiFi? has on it today:
The statement from MQA reads:
"Following the recent positive reception to MQA’s latest technology (SCL6), there has been increased international interest in buying MQA Ltd. At the same time, MQA’s main financial backer is seeking an exit. In order to be in the best position to pursue market opportunities and expedite this process, the company has undergone a restructuring initiative, which includes entering into administration and is comparable to Chapter 11 in the US.
"During this process, MQA continues to trade as usual alongside its partners.
"We won't be commenting further while negotiations take place."
more here: What Hi Fi news
3 comments:
MQA is a scam. See this:
https://youtu.be/pRjsu9-Vznc
Well many say scam, some say the enjoy it, hard to resolve the two camps. The general response to this news is almost celebratory in some quarters but I am not sure how to interpret it. Could it be a simple business and legal move to sell MQA to another company? Was it the case that MQA solved a problem that is no longer troubling most consumers? I'm hard pushed to think of a more divisive technology in my years as an audiophile. Interesting times.
I never understood the business model. Hi-Fi audio is a niche market it begin with, so keeping the format proprietary was never going to be a recipe for widespread adoption. The best they could hope for would be selling the format to Spotify, Apple, or Amazon.
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