Skirmash Posted April 6, 2023 Share Posted April 6, 2023 This might be the best news I have heard all week! That said, isn't there a possibility that this is just a plan to stop the current financial hemorrhaging and maybe sell the IP to the next nefarious group that wants to exploit the audiophile community? Would Tidal themselves consider purchasing it? They have sunk significant effort into making MQA a point of difference! Link to comment
Popular Post Indydan Posted April 6, 2023 Popular Post Share Posted April 6, 2023 I feel bad for the people who will lose their jobs. But, I dance on MQA's grave! https://www.creditman.co.uk/company-notices/company/09123512 JSeymour and MikeyFresh 2 Link to comment
Popular Post bambadoo Posted April 6, 2023 Popular Post Share Posted April 6, 2023 LOL!!! Iving, Jud, yahooboy and 9 others 12 Link to comment
Popular Post Iving Posted April 6, 2023 Popular Post Share Posted April 6, 2023 55 minutes ago, Archimago said: So, this is what (likely) "the end" looks like. Hmmm, I wonder what Peter Veth and the Facebook group thinks about all this? Are they pissed off and blaming nay sayers? Or will he and the Facebook group just go silent because nobody's paying to promote any more? Likewise, will those magazine reviews that hype up MQA content suddenly stop talking about it? Or would they continue and lament the demise of this amazing "format" that deblurred music with a sense of nostalgia about how great it was and how Bob Stuart should have been allowed to deliver audiophiles into the Promised Land? Let's see how many "true believers" there really are. Will be interesting to see the price of MQA devices perhaps also drop since there will be little value to be had say between the Topping D90SE and D90LE. Will the Asian manufacturers continue to use the MQA logo on their devices? Then there's the potential fallout with TIDAL. Will they continue to pursue MQA "Master" streaming or might they consider joining everyone else with superior lossless ALAC/FLAC/etc. if they still want to remain in the hi-res game? Looks like we still have some interesting things to talk about and observe before getting back to the usual audiophile debates like cables. ;-) This is Britain. Whether domestic or otherwise, remaining investor rats will desert the sinking ship ... and alternative speculators will (or properly should) fear the tarring of the same brush. Rupert must have parachuted fearing the sunk cost fallacy of just another penny. Enough hand wringing already. Press and media devotees will cross over to common sense as fast as rats up the metaphorical drainpipe. They cannot tolerate being on the losing side - where then their credibility with the spendthrift public? I feel sorry for the consumers whose hearts were won over and/or who bought blue-light hardware. Their wounds will want the healing afforded by time. What a Pig's Ear. All confined to the dustbin of history asap hopefully. I don't care to be proven right or wrong over due course. My remarks are excusably visionary. Nikhil, UkPhil, Archimago and 1 other 2 2 Link to comment
Popular Post Archimago Posted April 6, 2023 Popular Post Share Posted April 6, 2023 59 minutes ago, bambadoo said: LOL!!! Way to go. Looks like he's trying to take the ol' "Keep up the brave face, and ride off into the sunset with a smile." routine. Niktech, DuckToller and bambadoo 3 Archimago's Musings: A "more objective" take for the Rational Audiophile. Beyond mere fidelity, into immersion and realism. R.I.P. MQA 2014-2023: Hyped product thanks to uneducated, uncritical advocates & captured press. Link to comment
sphinxsix Posted April 6, 2023 Share Posted April 6, 2023 5 minutes ago, Archimago said: Way to go. Looks like he's trying to take the ol' "Keep up the brave face, and ride off into the sunset with a smile." routine. Just like MQA itself. "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." Link to comment
Allan F Posted April 6, 2023 Share Posted April 6, 2023 10 minutes ago, sphinxsix said: "We won't be commenting further while negotiations take place." But perhaps you will let people know when you are going out of business due to the failure to find a new financial backer.. yahooboy 1 "Relax, it's only hi-fi. There's never been a hi-fi emergency." - Roy Hall "Not everything that can be counted counts, and not everything that counts can be counted." - William Bruce Cameron Link to comment
yahooboy Posted April 6, 2023 Share Posted April 6, 2023 23 minutes ago, Archimago said: Way to go. Looks like he's trying to take the ol' "Keep up the brave face, and ride off into the sunset with a smile." routine. Someone should get the man some help, denial can be dangerous Link to comment
Iving Posted April 6, 2023 Share Posted April 6, 2023 24 minutes ago, sphinxsix said: "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." Also according to What Hi-Fi wrt SCL6: Up until recently, there has been a significant quality bottleneck, particularly when it comes to Bluetooth performance ... SCL6 is a way of packaging a file for transmission ... You need a source (say, a smartphone) and receiver (wireless headphones, for example) compatible with the codec ... MQA is in talks with a number of potential partners, including phone companies ... don’t be surprised to see announcements of SCL6-compatible products later in the year. 1. OK so SCL6 has legs? 2. It's not MQA as we know it (aided and abetted quasi-DRM and associated hardware leverage over impressionable consumers). A win as far as I'm concerned. MQA as such will be forgotten. Link to comment
FredericV Posted April 6, 2023 Share Posted April 6, 2023 25 minutes ago, sphinxsix said: At the same time, MQA’s main financial backer is seeking an exit. Why is the main financial backer seeking an exit? MikeyFresh 1 Designer of the 432 EVO music server and Linux specialist Discoverer of the independent open source sox based mqa playback method with optional one cycle postringing. Link to comment
Popular Post sphinxsix Posted April 6, 2023 Popular Post Share Posted April 6, 2023 9 minutes ago, FredericV said: Why is the main financial backer seeking an exit? I guess he's already made enough money on MQA. ssh, FredericV, Niktech and 3 others 6 Link to comment
Popular Post bogi Posted April 6, 2023 Popular Post Share Posted April 6, 2023 On 4/1/2023 at 8:35 PM, KeenObserver said: In their most recent financial posting MQA Ltd stated that they would need to secure further funding by the end of Q1 2023 in order to continue as a going concern. Now it is officially confirmed that MQA is lossy. JSeymour, MikeyFresh, taipan254 and 12 others 15 i7 11850H + RTX A2000 Win11 HQPlayer ► Topping HS02 ► 2x iFi iSilencer ► SMSL D300 ► DIY headamp DHA1 ► HiFiMan HE-500 Link to comment
Iving Posted April 6, 2023 Share Posted April 6, 2023 In case of any interest, a revealing contextual account of SCL6 for Audio Pros (scroll down to Editor's Desk): https://myemail.constantcontact.com/The-Audio-Voice-414--The-Case-of-the-SCL6-Scalable-Codec--How-Much-Do-You-Want-Hi-Res-Audio-.html?soid=1104292817535&aid=6aJSuNESaAs Link to comment
Popular Post GoldenOne Posted April 6, 2023 Popular Post Share Posted April 6, 2023 Good riddance Indydan, maxijazz, Currawong and 3 others 5 1 https://youtube.com/goldensound Roon -> HQPlayer -> SMS200 Ultra/SPS500 -> Holo Audio May (Wildism Edition) -> Holo Audio Serene (Wildism Edition) -> Benchmark AHB2 -> Hifiman Susvara Link to comment
Popular Post The Computer Audiophile Posted April 6, 2023 Popular Post Share Posted April 6, 2023 On a flight home from San Francisco, after taking some time off for my daughter’s spring break, and before Axpona and Munich. Anything going on lately 😳 UkPhil, GoldenOne, MikeyFresh and 1 other 2 2 Founder of Audiophile Style | My Audio Systems Link to comment
Popular Post kumakuma Posted April 6, 2023 Popular Post Share Posted April 6, 2023 7 minutes ago, The Computer Audiophile said: On a flight home from San Francisco, after taking some time off for my daughter’s spring break, and before Axpona and Munich. Anything going on lately 😳 MikeyFresh, Allan F, yahooboy and 1 other 4 Sometimes it's like someone took a knife, baby Edgy and dull and cut a six inch valley Through the middle of my skull Link to comment
Popular Post Allan F Posted April 6, 2023 Popular Post Share Posted April 6, 2023 19 minutes ago, kumakuma said: Or: yahooboy and kumakuma 2 "Relax, it's only hi-fi. There's never been a hi-fi emergency." - Roy Hall "Not everything that can be counted counts, and not everything that counts can be counted." - William Bruce Cameron Link to comment
JoeWhip Posted April 6, 2023 Share Posted April 6, 2023 It is a good thing Peter Veth wasn’t in the Heaven’s Gate cult. The MQA one isn ‘t quite as bad. kumakuma 1 Link to comment
Allan F Posted April 6, 2023 Share Posted April 6, 2023 1 hour ago, FredericV said: Why is the main financial backer seeking an exit? Anthony Edward Rupert of South Africa who resigned as a Director of MQA on March 17. Currawong 1 "Relax, it's only hi-fi. There's never been a hi-fi emergency." - Roy Hall "Not everything that can be counted counts, and not everything that counts can be counted." - William Bruce Cameron Link to comment
botrytis Posted April 6, 2023 Share Posted April 6, 2023 https://www.whathifi.com/news/mqa-is-going-into-administration Even in the pro-mqa press..... yahooboy 1 Current: Daphile on an AMD A10-9500 with 16 GB RAM DAC - TEAC UD-501 DAC Pre-amp - Rotel RC-1590 Amplification - Benchmark AHB2 amplifier Speakers - Revel M126Be with 2 REL 7/ti subwoofers Cables - Tara Labs RSC Reference and Blue Jean Cable Balanced Interconnects Link to comment
Currawong Posted April 6, 2023 Share Posted April 6, 2023 1 hour ago, Iving said: don’t be surprised to see announcements of SCL6-compatible products later in the year. Given that MQA had to pay manufacturers, in some cases, to implement it at all (since anyone with a brain who looked at the tech behind MQA knew it was BS) I'd be very surprised if it appears anywhere, ever. Link to comment
Jud Posted April 6, 2023 Share Posted April 6, 2023 3 hours ago, bambadoo said: LOL!!! "May you live in interesting times," eh? The Computer Audiophile 1 One never knows, do one? - Fats Waller The fairest thing we can experience is the mysterious. It is the fundamental emotion which stands at the cradle of true art and true science. - Einstein Computer, Audirvana -> optical Ethernet to Fitlet3 -> Fibbr Alpha Optical USB -> iFi NEO iDSD DAC -> Apollon Audio 1ET400A Mini (Purifi based) -> Vandersteen 3A Signature. Link to comment
Jud Posted April 6, 2023 Share Posted April 6, 2023 2 hours ago, sphinxsix said: there has been increased international interest in buying MQA Ltd. Perhaps the valuation is now so cheap someone might bite. You'd then do the bankruptcy thing to leave fewer financial liabilities that a buyer would have to be responsible for. One never knows, do one? - Fats Waller The fairest thing we can experience is the mysterious. It is the fundamental emotion which stands at the cradle of true art and true science. - Einstein Computer, Audirvana -> optical Ethernet to Fitlet3 -> Fibbr Alpha Optical USB -> iFi NEO iDSD DAC -> Apollon Audio 1ET400A Mini (Purifi based) -> Vandersteen 3A Signature. Link to comment
Popular Post Kimo Posted April 6, 2023 Popular Post Share Posted April 6, 2023 1 minute ago, Jud said: Perhaps the valuation is now so cheap someone might bite. You'd then do the bankruptcy thing to leave fewer financial liabilities that a buyer would have to be responsible for. Maybe that Lee guy will buy it now that he has the time? Jud, JSeymour and MikeyFresh 1 2 Link to comment
sphinxsix Posted April 6, 2023 Share Posted April 6, 2023 1 minute ago, Jud said: Perhaps the valuation is now so cheap someone might bite. You'd then do the bankruptcy thing to leave fewer financial liabilities that a buyer would have to be responsible for. I'll buy it for $1! And will say - keep the change! bogi 1 Link to comment
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