Hello tochsii! Emotiva makes a small AV/surround sound processor. If can do a 7.1 system. It sounds very fine indeed and is the heart of my Living Room system. It handles phono cartridges also; The model is MC-700. You can save some $$ by buying a "factory refurbished" one, if available. You will also need at least a five channel (stereo front and rear + center channel) power amp. Six channels if you use a passive subwoofer. Of course you'll need rear channel speakers and a center channel speaker. These are not difficult to build. Try DIYing them. If you want to go 7.1 yoou'll need two more power amp channels and a set of side speakers. I have run such a system, but don't think the improvement is worth the complictions and cost. 5.1 is good enough for me. Home Theater enthusiasts are up to 13.2 systems. You have been warned! Enjoy the music.