A loudspeaker overload protection circuit and method receives at a compressor a signal representing the estimated loudspeaker power consumption; receives at the compressor a signal representing the nominal power of the loudspeaker; receives at the compressor an input audio signal from the signal source and supplying with the compressor an output audio signal to the loudspeaker; estimates from the output audio signal, (a) signal(s) that represent(s) the voltage and/or current supplied to the loudspeaker and a parameter that represents the ohmic resistance of the loudspeaker the power consumed by the loudspeaker; supplies a signal representing the estimated loudspeaker power consumption to the compressor; and attenuates the input audio signal when the signal representing the estimated loudspeaker power consumption exceeds the signal representing the nominal power of the loudspeaker.