@hifi_swlon – where did you hear that?
http://www.telecompaper.com/news/qobuz-extends-bankruptcy-protection-until-mid-june--1076286
that says its still ongoing until June 15th, but also:
CEO Yves Riesel said revenue were twice as high in March as a year earlier, as they were in February, January and December. Qobuz has been growing steadily for a little over 6 months. He added that the company was looking for a new owner or backer, but not a direct competitor.
Until they get that new owner or backer, I am concerned about their future. They needed Jay-Z more than TIDAL did 