A device is described herein that performs a digital-to-analog conversion on a digital multimedia signal in a manner that enhances the human perceptual quality of the resulting analog multimedia signal (e.g., musical passage). In one embodiment, the device operates as follows: (1) divides the bitstream of a digital multimedia signal into several distinct multimedia bitstreams; (2) applies the most effective signal processing (filtering and noise shaping) to each distinct multimedia bitstream; (3) performs the most appropriate digital-to-analog conversion (using a multi-bit DAC, a bitstream DAC, a over-sampled bitstream DAC, or a hybrid of these DACs) to each distinct multimedia bitstream; and (4) combines all of the analog multimedia signals which are outputted by the DACs into a single analog multimedia signal.