MQA entering into administration - comparable to Chapter 11 in the US

[DavidMcRoy]

To me, MQA was indeed "a solution in search of a problem" once internet speeds skyrocketed. But the ridiculous and quickly disproven claim that an MQA-processed signal somehow "sounded better" than the input smacked of a cynical attempt to collect licensing fees based on smoke and mirrors.

And Hi-Res audio will probably wither on the vine, too. You're buying inaudible numbers.

 

[restorer-john]

DACs with MQA decoders will be the equivalent of 1970s receivers with Dolby FM decoders. Just funny curiosities from times gone by.

See them at the goodwill, and think to yourself- Ah, that failed format nobody wanted or needed and pass it by, even with the $3 price tag.

Reinet (Richemont) boss (owner's son Anton/Anthony) has pullled the plug I'd say.

WAVE REALISATIONS LIMITED people - Find and update company information - GOV.UK

WAVE REALISATIONS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

 

[voodooless]

WAVE REALISATIONS LIMITED people - Find and update company information - GOV.UK

WAVE REALISATIONS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

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View attachment 277618

Funny how dead people can be on a company board... Anthony Edward Rupert has been dead since 2006! So this must be his son Johan whose company owns about 25% of MQA.

 

[Avp1]

Funny how dead people can be on a company board... Anthony Edward Rupert has been dead since 2006! So this must be his son Johan whose company owns about 25% of MQA.

This is another person https://www.richemont.com/en/home/a...ors/meet-our-board-of-directors/anton-rupert/ from the same family.

 

[voodooless]

This is another person https://www.richemont.com/en/home/a...ors/meet-our-board-of-directors/anton-rupert/ from the same family.

Ah, very confusing So I guess he’s Johans son then?

I still think having dead people on the MQA board is much more appropriate

 

[JustJones]

He's the grandson. Anthony Rupert Jr.

Johann Rupert's children: Meet Anton Rupert Jr. - One News Gh

Biography & Wikipedia Anton Rupert Jr the son of Richemont’s chairman Johann Rupert, and has been appointed as…

onenewsgh.com

By convention after the death of his Grandfather he can drop the Jr.

 

[617]

Redbook claims another victim. Like one of those time traveling bullets from Tenet.

 

[boxerfan88]

Hopefully Tidal can cleanse its library over time

 

[Galliardist]

I can’t find much about Muse Holdings sarl
I presume this is the Luxembourg company?

 

[AndrewC]

I met Bob Stuart some time ago. Out of the earshot of others, as I didn't want to embarrass him, I asked him why he 'started' MQA and what problem was it solving ?
...

I wonder if Bob will get "reabsorbed" into Meridian.

 

[restorer-john]

Like one of those time traveling bullets from Tenet.

Don't remind me of that film. I feel like sending Nolan an invoice for my wasted time.

 

[GD Fan]

i am reminded of a throwaway line from the "Lethal Weapon" movies...

when you hear news like this my first thought is... "my day is looking better already"

HOWEVER... there's a big caveat... if its like Chapter 11 the company may very well trade out into profitability, eventually

I hesitate to say that its over. It may not be. There's value in the existing contracts with hardware and service vendors.

To me thought it does put egg on the faces of all the electronics companies who went into this.

Chapter 11 in the US can be successful (a relative term, depending on your involvement) for companies that need to reorganize their capital structure. Sometimes companies file for Ch. 11 but wind up in Ch. 7, which is liquidation.

The list of equity holders is interesting but the culprit is almost certainly a debt holder. Obviously it is possible there's overlap. Many start ups receive their earliest money in the form of convertible preferred notes, a form of debt, in order to place those investors above the equity holders in the cap stack.

 

[Mr. Widget]

DACs with MQA decoders will be the equivalent of 1970s receivers with Dolby FM decoders. Just funny curiosities from times gone by.

Excellent analogy!

Don't remind me of that film. I feel like sending Nolan an invoice for my wasted time.

I guess I dodged that bullet. My first similar experience was leaving the theater genuinely angry after wasting 2 hours of my life after watching Twister.

 

[Palladium]

Who wouldn't want to spend $$$ to listen ultrasonic induced IMD (albeit insignificant) on very limited and expensive playback electronic gear?
(snicker)

 

[DavidMcRoy]

DACs with MQA decoders will be the equivalent of 1970s receivers with Dolby FM decoders. Just funny curiosities from times gone by.

See them at the goodwill, and think to yourself- Ah, that failed format nobody wanted or needed and pass it by, even with the $3 price tag.

Reinet (Richemont) boss (owner's son Anton/Anthony) has pullled the plug I'd say.

WAVE REALISATIONS LIMITED people - Find and update company information - GOV.UK

WAVE REALISATIONS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

View attachment 277618

I was working in American FM broadcasting during that time. Dolby FM was doomed from conception because it wasn't literally backward-compatible. It added compression to the highs with complementary expansion in the decoder. The result was that 99.999% of listeners (those with no Dolby FM decoder) heard a bright, noisy signal. The station I was working at at the time was offered free use of a unit to test on air so we (and all the other stations in the market) could hear it in operation. We left it in the audio signal path for about a month, I think, and everyone hated it on normal radios so we ditched it. I think there was a similar scheme in European FM broadcasting called "CX" (?) that may have gained some traction there.

 

[DavidMcRoy]

Hopefully Tidal can cleanse its library over time

I'm sure they'll jump right on that.

 

[JktHifi]

New codec from MQA Ltd:

SCL6 delivers detail and clarity by focussing on the time domain – a critical factor in the human perception of high-resolution sound. This fresh perspective enables an exceptional audio experience and responds to rising consumer demand for better wireless sound. The technology supports both MQA and PCM audio up to 384kHz, and the encoded data rate can be scaled seamlessly from 20Mbps to below 200kbps, covering Bluetooth, Ultra-Wideband (UWB) and WiFi links. It offers low latency and high efficiency for extended battery life.

 

[MattHooper]

Admittedly I've mostly ignored the MQA controversy.

Can someone explain to the village idiot what this means, and what are the implications?

 

[Doodski]

Admittedly I've mostly ignored the MQA controversy.

Can someone explain to the village idiot what this means, and what are the implications?

It appears they made a new CODEC and they want global influence and control of the CODECs so that their CODEC is a exclusive and makes lots of money. The CODEC apparently has issues from what I've read here. They are attempting to take control with their CODEC and have it installed in DACs etc so that people use MQA media.

 

[Avp1]

It appears they made a new CODEC and they want global influence and control of the CODECs so that theirs CODEC is a exclusive and makes lots of money. The CODEC apparently has issues from what I've read here. They are attempting to take control with their CODEC and have it installed in DACs etc so that people use MQA media.

They wanted to become new Dolby or DTS, using methods copied from what Sony did to promote SACD.