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+--- Thread: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde (/Thread-Qobuz-Financial-Problems-Le-site-Qobuz-plac%C3%A9-en-proc%C3%A9dure-de-sauvegarde)
Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - PhilP - 29-Aug-2014
I was very surprised to hear that Qobuz have financial problems:
Qobuz problems?
especially so given that they've just opened a full UK service.
EDIT: quote from the same site but in english:
"As reported in LesEchos.fr, France-based Qobuz has entered procédure de sauvegarde which is roughly the equivalent of Chapter 11 protection. Qobuz President Yves Riesel explains that they were unsuccessful in raising a third round of financing which led to the filing. That said, my very limited understanding of procédure de sauvegarde suggests that a company must still be solvent, i.e. not in default, and they have 4 months in which to raise the funds needed to continue operating."
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - GuillaumeB - 29-Aug-2014
(29-Aug-2014, 11:30)PhilP Wrote: I was very surprised to hear that Qobuz have financial problems:
Qobuz problems?
especially so given that they've just opened a full UK service.
EDIT: quote from the same site but in english:
"As reported in LesEchos.fr, France-based Qobuz has entered procédure de sauvegarde which is roughly the equivalent of Chapter 11 protection. Qobuz President Yves Riesel explains that they were unsuccessful in raising a third round of financing which led to the filing. That said, my very limited understanding of procédure de sauvegarde suggests that a company must still be solvent, i.e. not in default, and they have 4 months in which to raise the funds needed to continue operating."
Yes I saw that - thanks for sharing. Let's hope they make it. With Linn Records now only selling their own-label music that does reduce the number of options for downloading high-res music. I think Qobuz is excellent.
Guillaume
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - thumb5 - 29-Aug-2014
Thanks PhilP. I'd be very sorry to see Qobuz go - I find it a very good service, especially for discovering classical music. Not sure they got the pricing model quite right (sounds obvious to say that now, I know!), but it must be an extremely difficult market to compete in, especially if your USP appeals to quite a niche market.
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - Eddye - 29-Aug-2014
I tried both Spotify and Qobuz, and Qobuz is miles better when it comes to soundquality. I hope they'll make it in this difficult market.
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - PhilP - 31-Aug-2014
I've downloaded 16 hi-res albums from Qobuz today (took about 5 hours) hopefully in the process contributing, even if only in a small way, to their continued success. I was taking advantage of their current generous 50% discount on hi-res downloads.
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - GuillaumeB - 31-Aug-2014
(31-Aug-2014, 20:56)PhilP Wrote: I've downloaded 16 hi-res albums from Qobuz today (took about 5 hours) hopefully in the process contributing, even if only in a small way, to their continued success. I was taking advantage of their current generous 50% discount on hi-res downloads.
Oh yes I must do that too!! I saw their offer...
Thanks for the heads up.
Guillaume
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - PhilP - 31-Aug-2014
(31-Aug-2014, 20:57)GuillaumeB Wrote:(31-Aug-2014, 20:56)PhilP Wrote: I've downloaded 16 hi-res albums from Qobuz today (took about 5 hours) hopefully in the process contributing, even if only in a small way, to their continued success. I was taking advantage of their current generous 50% discount on hi-res downloads.
Oh yes I must do that too!! I saw their offer...
Thanks for the heads up.
Guillaume
Just be careful - the discount code only works for a single order so you need to build up a decent list before checking out
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - GuillaumeB - 31-Aug-2014
(31-Aug-2014, 21:32)PhilP Wrote:(31-Aug-2014, 20:57)GuillaumeB Wrote:(31-Aug-2014, 20:56)PhilP Wrote: I've downloaded 16 hi-res albums from Qobuz today (took about 5 hours) hopefully in the process contributing, even if only in a small way, to their continued success. I was taking advantage of their current generous 50% discount on hi-res downloads.
Oh yes I must do that too!! I saw their offer...
Thanks for the heads up.
Guillaume
Just be careful - the discount code only works for a single order so you need to build up a decent list before checking out
Good tip!
Guillaume
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - Confused - 31-Aug-2014
Good tip indeed, I haven't looked at Qobuz for a while, just had a quick look and noticed that they have the Led Zep remasters in 24bit, I might need to do a bit of shopping next week.
RE: Qobuz Financial Problems - Le site Qobuz placé en procédure de sauvegarde - PhilP - 31-Aug-2014
(31-Aug-2014, 22:03)Confused Wrote: Good tip indeed, I haven't looked at Qobuz for a while, just had a quick look and noticed that they have the Led Zep remasters in 24bit, I might need to do a bit of shopping next week.
I love Led Zeppelin but there have been some varying reviews of the new re-masters - not really about the quality of the sound but more about the way the remastering has been done. Not everyone is a fan of the way Jimmy Page does things.
I much prefer the original vinyl issues - the various colourations all add to the emotional atmosphere, I guess.