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RE: Yes, Of Course! Those Kindly Record Labels and MQA Only Have Your Best Interests in Mind.

Posted by Charles Hansen (M) on October 26, 2017 at 17:56:33

In Reply to: RE: Yes, Of Course! Those Kindly Record Labels and MQA Only Have Your Best Interests in Mind. posted by PAR on October 26, 2017 at 08:23:24:

This was intended to be a jab at all of the MQA supporter who apparently honestly believe that MQA, Bob Stuart, and the record labels are all offering the "vastly superior sound of MQA" at "no extra charge" to all of the music-loving audiophiles who subscribe to Tidal Hi-Fi.

I guess it was too obscure to come across properly. The point is that the record labels are NOT your friends, MQA is NOT your friend, and Tidal may or may not be your friend. All are for-profit enterprises (nothing wrong with that per se) - the record labels are publicly held and are legally mandated to put profit above everything else. MQA and Tidal are privately held. MQA's shareholders direct MQA to act in the same way as a publicly held company, with profit being the highest motive. Tidal is privately held, and the goals of the shareholders are unclear. However the CTO of Tidal has been intimately involved with MQA virtually since it began, and likely has a financial stake in its success.

It is much the same as Google. Google constantly offers "free" things to people - from e-mail service to web browsers to complete operating systems (Android) used in billions of mobile devices. Yet they are a publicly held corporation that is legally required to maximize shareholder profit. People think Google is their "friend" due to all of the "free" things they offer. Yet somehow they manage to make many billions of dollars from thee "free" products. They do so by secretly taking advantage of the users of the "free" products, often to the extreme detriment of the user and of society. Just as in physics, there is no such thing as a free lunch in business either. Google is NOT your friend.

An even better video on the business practices of publicly held UMG is linked below:

• Better video on why record lables suck   (Open in New Window)

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