No, it's not. Roon is actually doing what it claims to do (if it is overpriced or not is up to anyone). Not MQA.It may not be the same category. But what about the Roon hype?
No, it's not. Roon is actually doing what it claims to do (if it is overpriced or not is up to anyone). Not MQA.It may not be the same category. But what about the Roon hype?
Let's hope.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.
If it is considered as overpriced, this can also have a negative impact on its future. Acceptance may wane or not be enough for a stable business. (Not so important for me, I don't need it and I have seen already countless platforms come and go).No, it's not. Roon is actually doing what it claims to do (if it is overpriced or not is up to anyone). Not MQA.
Going into administration is not what you expect to see, if your business is thriving. If you look at their finances (21 and 20) - not too much of a revenue and probably nothing resembling viable business model.
Reading through notes - Meridian has received 20m quids for their IP from MQA Ltd. So they are for sure the winners here.
View attachment 277749
It includes John Robert Stuart. I'm pretty sure that's the one.If the chart of MQA shareholders above is accurate, Bob is noticeably absent.
The core issue with MQA, in my opinion, is that MQA corrupts the 16/44 content to do its magic, resulting in corrupted 16/44 for non-MQA users.
If MQA did their magic by adding bits, and leaving original 16/44 content intact (lossless), the backlash would likely be far more muted.
A large part of the industry were against it from the start. Look for a Linn product with MQA, a Naim product, a Sounds United product (there may be one tucked in their range somewhere), and so on, and so on (I'm showing my British audiophile roots here). They didn't just not adopt it, but argued against it. Most of the main recording studios were resistant. Several of the people involved in the early research stages that led to MQA were anti the final product.Ok thanks. So basically MQA seems in financial trouble and people are "Ding Dong The Witch Is Dead (dying)" about it.
I've mostly only seen audiophiles railing against MQA, though maybe they were just the loudest bunch. Where there many audiophiles on the pro-MQA side?
Is not the core snakeoil in MQA the leaky apodizing filter with only post ringing ?
Briefly:The core issue with MQA, in my opinion, is that MQA corrupts the 16/44 content to do its magic, resulting in corrupted 16/44 for non-MQA users.
If MQA did their magic by adding bits, and leaving original 16/44 content intact (lossless), the backlash would likely be far more muted.
On an interview, Bob Stuart talked about the cost of data rates for mobile, and while some people might not worry about that, he said that for a hypothetical guy in Japan, the cost was a big deal. First, let's set aside that data rates are constantly rising, while competition increases and cost for a given data rate drops. While the amount of data to be stream remains constant for a given format. In other words, any such issue with the guy in Japan would be maybe a year away from being irrelevant.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 ?
He told me because of limited speed and bandwidth of the internet, MQA was necessary to download CD quality and better files. I gently told him we'd all have >300 Mb internet shortly as I already had 1 Gb to my house. We could therefore download or stream DSD/DSX, 96/24, whatever we wanted, maybe on a subscription basis. I said the network phenomenon was analogous to Moore's Law, thus any reason for MQA would go away. He just kept smiling.
Never did like those Meridian speakers - too hot on the top!
The collapse is not happening in an uncommon way for a technology company. There are two ways for a tech company to fail. The first is that the technology is actually unnecessary. The second is that the company fails to exploit the technology. In this case, while in administration someone has to work out whether (a) there is a business model that actually allows the company to continue, and (b) is there value in the underlying technology that can be realised by selling or better licensing that technology.I never saw the value in MQA, saving a few bits and bandwidth plus DRM was never going to win over music aficionados... remember the Sony CD DRM disaster?
But they seem to be equally bullshitish in collapsing as they were with the early hype. Oh yeah, going into administration is a great step to convince a potential buyer the business has a lot of value to offer etc... right.
The biggest losers are almost certainly Richemont/Reinet, though.So in the end only thing that got unfolded is money from wallets of people who bought MQA DAC.
Declaring bankruptcy openly is a business failure. The way to market a company's value is while it's still doing business. You have zero leverage with potential buyers if they know you have no other options. The value of the company takes a huge dive, and typically most of it goes under and only bits and pieces get acquired at garage sale prices.The collapse is not happening in an uncommon way for a technology company. There are two ways for a tech company to fail. The first is that the technology is actually unnecessary. The second is that the company fails to exploit the technology. In this case, while in administration someone has to work out whether (a) there is a business model that actually allows the company to continue, and (b) is there value in the underlying technology that can be realised by selling or better licensing that technology.
Being in administration makes sale of technologies more tangible to potential buyers, and who knows what IP MQA has apart from SCL6. Remember they are an offshoot from Meridian, which apart from MQA has two successful offshoots in the form of Sooloos (which was the basis for Roon) and MLP, which has proved to be a very forward-looking development in its original form.
The administrator is there to work for Muse Holdings and Reinet. Effectively there is every possibility of a fire sale here to get them something back. The combination of potentially valuable IT, administrators in place, the sudden absence of funding, and indeed the skills of the people involved with the company, will attract potential buyers, refinancers and asset strippers that may not have touched the place as it was before. How much they will find that is useful to anyone, we don't know.
Isn't that like saying "the operation was a success but the patient died"!Is not the core snakeoil in MQA the leaky apo[n]dizing filter with only post ringing ?
The company has not declared bankruptcy. That state in the UK would be advertised by the company or a creditor appointing a receiver, and creditor meetings and court cases would normally be involved.Declaring bankruptcy openly is a business failure. The way to market a company's value is while it's still doing business. You have zero leverage with potential buyers if they know you have no other options. The value of the company takes a huge dive, and typically most of it goes under and only bits and pieces get acquired at garage sale prices.