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MQA is Vaporware


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33 minutes ago, botrytis said:

Found at Elisive Disc at AXPONA

 

Damn those typos! Could you possibly mean Elusive Disc? 🙂

"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

 

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9 hours ago, botrytis said:

Found at Elisive Disc at AXPONA.

20230414_145713.jpg

You should buy it. It will be a collectors item soon when MQA goes away. You'll be able to sell it to PV or one of his friends for a hefty profit. 

Main listening (small home office):

Main setup: Surge protectors +>Isol-8 Mini sub Axis Power Strip/Protection>QuietPC Low Noise Server>Roon (Audiolense DRC)>Stack Audio Link II>Kii Control>Kii Three BXT (on their own electric circuit) >GIK Room Treatments.

Secondary Path: Server with Audiolense RC>RPi4 or analog>Cayin iDAC6 MKII (tube mode) (XLR)>Kii Three BXT

Bedroom: SBTouch to Cambridge Soundworks Desktop Setup.
Living Room/Kitchen: Ropieee (RPi3b+ with touchscreen) + Schiit Modi3E to a pair of Morel Hogtalare. 

All absolute statements about audio are false :)

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15 hours ago, Rt66indierock said:

Dead certain, look at the restated 2016 and 2017 Statement of Cash Flows. They document the services contributed by the labels in exchange for their stock.

 

It is also worth noting the figures for the share premium account. December 2017 this had increased to £21,753,250. In 2018 this figure crept up slightly to £22,307,250. After that, the money stopped.

 

Windows 11 PC, Roon, HQPlayer, Focus Fidelity convolutions, iFi Zen Stream, Paul Hynes SR4, Mutec REF10, Mutec MC3+USB, Devialet 1000Pro, KEF Blade.  Plus Pro-Ject Signature 12 TT for playing my 'legacy' vinyl collection. Desktop system; RME ADI-2 DAC fs, Meze Empyrean headphones.

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4 hours ago, The Computer Audiophile said:

Doesn’t that mean mQa paid the labels?

They gave them stock. It's on paper. No money changed hands. It's only really worth something to the labels if they sell it. Do you think anyone else would give them value for it or take it in trade for some service or as collateral? How much has it ever been worth...? I'll give you one guess.

Main listening (small home office):

Main setup: Surge protectors +>Isol-8 Mini sub Axis Power Strip/Protection>QuietPC Low Noise Server>Roon (Audiolense DRC)>Stack Audio Link II>Kii Control>Kii Three BXT (on their own electric circuit) >GIK Room Treatments.

Secondary Path: Server with Audiolense RC>RPi4 or analog>Cayin iDAC6 MKII (tube mode) (XLR)>Kii Three BXT

Bedroom: SBTouch to Cambridge Soundworks Desktop Setup.
Living Room/Kitchen: Ropieee (RPi3b+ with touchscreen) + Schiit Modi3E to a pair of Morel Hogtalare. 

All absolute statements about audio are false :)

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6 hours ago, The Computer Audiophile said:

Doesn’t that mean mQa paid the labels?

 

1 hour ago, firedog said:

They gave them stock. It's on paper. No money changed hands. It's only really worth something to the labels if they sell it. Do you think anyone else would give them value for it or take it in trade for some service or as collateral? How much has it ever been worth...? I'll give you one guess.

 

It's the magic of stock Chris, it's not real money. Don't get any ideas! 🤣

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.

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15 minutes ago, UkPhil said:

Careful Mr Darko you might get banned by PV for using closed group pictures 😀

 

633D03DA-9BCA-42FC-92A5-45B94BA89DE3.jpeg

Sure they won't stop supporting it.....for now. If it becomes a legacy format, all bets are off. 

Main listening (small home office):

Main setup: Surge protectors +>Isol-8 Mini sub Axis Power Strip/Protection>QuietPC Low Noise Server>Roon (Audiolense DRC)>Stack Audio Link II>Kii Control>Kii Three BXT (on their own electric circuit) >GIK Room Treatments.

Secondary Path: Server with Audiolense RC>RPi4 or analog>Cayin iDAC6 MKII (tube mode) (XLR)>Kii Three BXT

Bedroom: SBTouch to Cambridge Soundworks Desktop Setup.
Living Room/Kitchen: Ropieee (RPi3b+ with touchscreen) + Schiit Modi3E to a pair of Morel Hogtalare. 

All absolute statements about audio are false :)

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3 minutes ago, JoshM said:

Forgive me if this has already been mentioned, but in the Reddit AMA, the Tidal CEO also said they aren’t planning to acquire MQA. This combined with the true hi-res announcement points to an eventual removal of MQA from Tidal.


If Tidal customers really cared about sound quality, they would wait for the lossless hi-res tier (or jump to Qobuz), instead of sending messages like these:

image.png.4b0790d51e4464f2914fa03cae7aab52.png
 

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.

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2 hours ago, Rt66indierock said:

 

I consider $9.4 million to be significant. And the auditor BDO signed off on it.

 

Always costs less to the company to provide the services than the number that gets invoiced, to account for overhead and profit. Let's say around $6 million just spitballing. The last house a label CEO bought was very likely worth more.

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.

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7 hours ago, The Computer Audiophile said:

No money changed hands. They created a big number in services. 

 

 

Just taking publicly available information from Companies house:

 

 

2015 MQA Share premium account:

 

image.png.24354a35e823d5c2e204ab4f6830434b.png

 

2020 MQA Share premium account:

 

image.png.80dd42b87b3af39ad7cd74074e4be3b5.png

 

 

From the notes:

image.png.146122b43c68b052e8236f2a188866ba.png

 

These are the top shareholders:

 

image.png.31dd38d981d2b4c52514bb96f4d6dfbc.png

 

So money was changing hands somewhere. Although I do not think this explicitly confirms how much was from the labels to MQA.

Windows 11 PC, Roon, HQPlayer, Focus Fidelity convolutions, iFi Zen Stream, Paul Hynes SR4, Mutec REF10, Mutec MC3+USB, Devialet 1000Pro, KEF Blade.  Plus Pro-Ject Signature 12 TT for playing my 'legacy' vinyl collection. Desktop system; RME ADI-2 DAC fs, Meze Empyrean headphones.

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12 hours ago, Jud said:

 

Always costs less to the company to provide the services than the number that gets invoiced, to account for overhead and profit. Let's say around $6 million just spitballing. The last house a label CEO bought was very likely worth more.

 

Jud what do think the basis of say Warner Music's MQA stock is? Mark up the invoice and report that as income is what you are suggesting. Otherwise the debits and credits don't match. 

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2 minutes ago, Rt66indierock said:

 

Jud what do think the basis of say Warner Music's MQA stock is? Mark up the invoice and report that as income is what you are suggesting. Otherwise the debits and credits don't match. 

A way over-simplication of a public company’s accounting practices and creativity to get the books to look as favorable as possible. 

Founder of Audiophile Style | My Audio Systems AudiophileStyleStickerWhite2.0.png AudiophileStyleStickerWhite7.1.4.png

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