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Connecting old-ish speakers to a new PS4
This is prolly going to have an obvious answer but my google searches were inconclusive.
I have a relatively old Samsung TV with HDMI and component inputs, but no audio out.
I have a pair of M-Audio speakers with component in, TRS L/R in, and aux in.
With my XBox 360 it was easy to hook up using the component in on both the TV and speakers. However, the PS4 Slim obviously uses HDMI to connect to the TV and only has digital/optical out for the audio. My question is whether there's a single converter cable that will provide good sound (with the benefit of being the simplest solution) or if I need a more complicated solution?