Get all your news in one place.
100’s of premium titles.
One app.
Start reading
What Hi-Fi?
What Hi-Fi?
Joe Svetlik

MQA is going into administration

MQA is going into administration

MQA Ltd, the company behind the MQA digital music technology, is going into administration.

We don't have many details at the moment, and it's uncertain if the firm's partnership with Tidal – which uses MQA technology to enable its 'hi-res' audio streams – will be affected. But we do know that MQA Ltd is seeking a buyer and has undergone a restructuring process.

The full statement from MQA reads as follows: 

"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."

This is a breaking news story, we'll bring you more details as they emerge.


MQA audio: what is it? How can you get it?

Read our full Tidal review

High-resolution audio: everything you need to know

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.