OK, so I have problem and knowing these speakers are pretty popular, I think I might find some help.
I have owned these speakers for a few years, love them, and I want to continue using them. The problem is, since the PS4 does not have component out, I cannot use them. Right?
I currently have a Red/White component to 3.5mm cable which plugs into the speakers and that how I get sound. My only thought was if my TV had the headphone jack out, but it doesn't.
I think I have ran through every possible scenario, and I think they will not work with the PS4, even with some external cables and such. Am I wrong? Am I missing something? Should I accept it, and move on to some other sound system? If so, what sound system would you recommend?
As always, thank you for your help.

http://www.giantbomb.com/forums/general-discussion-30/next-gen-casualty-gamers-who-use-stereo-speakers-1455532/#48

Long story short, buy a DAC and do Stereo over optical.

Moving to PS4 platform board and closing - @korwin answered the question as best as it can be at this point, and there is quite a lengthy discussion going on in the topic he linked to with a couple of different solutions for users who are running into this issue.