A system for decoding a stereo multiplex signal, including one or more devices operable to convert the stereo multiplex signal into a sum signal (L+R) and a difference signal (L−R). The sum signal and the difference signal may be derived from a left stereo signal (L) and right stereo signal (R). The system may also be operable to determine a first transfer function HL(f) and a second transfer function (HR(f)) from the sum signal (L+R) and the difference signal (L−R). Further, the system may be operable to filter the sum signal (L+R) according to the first transfer function to provide the left stereo signal (L), and filter the sum signal (L+R) according to the second transfer function to provide the right stereo signal (R).