@mitch2 +1
I agree. Start with a pile of Owens Corning s 703 and 2 x 6 lumber. Make your own sound baffles. 4 inches of the stuff stops the proliferation of all sound, including the majority of bass frequencies.
When you have sound baffles that you can arrange around your speakers, you will get a clear understanding of what they can do and where to ultimately put them. What you hear is the music and not the room.
If you start there, you will likely spend a lot less on expensive wall materials that fit within a decor.
Etsy is a good place to find inexpensive wall hangings that absorb sound, but all of that is secondary to the grunt work the Owens Corning stuff provides.