A modular speaker system includes a plurality of speaker modules configured prior to use to function in reproducing various sound channels depending upon specific desires of a user. Each of the plurality of speaker modules includes a substantially cylindrical housing including an open first end and a closed second end, as well as a cylindrical sidewall extending between the first end and the second end. Each speaker module also includes a first driver secured within the first end of the housing, the first driver being mounted within the first end of the housing for directing sound outwardly, and a second driver positioned within the housing at a central position between the first end and the second end of the housing. A plurality of circular rings are positioned around the housing allowing for control of the speaker module in various ways.