Exactly what did Bob Stuart (above) say at that press event earlier this month at the Rocky Mountain Audio Fest (RMAF)? Stuart—CEO of the company MQA, short for Master Quality Authenticated—made an announcement about the Warner Music Group's (WMG's) transcoding of their catalog into MQA format, a project announced last May. But what exactly did he say?

Eager for answers, I arranged a conference call. Over the course of about half an hour, Stuart (with an occasional assist from Lisa Sullivan, MQA's Director of Marketing) answered all my questions and more.