A system and method (200) are disclosed for managing quality of service for multimedia applications. A system that incorporates teachings of the present disclosure may include, for example, a network management system (NMS) (106) having a controller (107) that manages operations of a Digital Subscriber Line Access Multiplexer (DSLAM) (109) interfacing to a digital subscriber line (DSL) modem (114) over a digital subscriber line. The controller can be programmed to detect (204) a signal quality violation in the digital subscriber line according to a quality policy associated with a content source, cause (210) the DSLAM to interleave content supplied thereto by the content source; and cause (212) the DSLAM to allocate to the content supplied by the content source a first portion of a data service bandwidth assigned to the digital subscriber line. Additional embodiments are disclosed.