diff -up MPlayer-1.2/libao2/ao_alsa.c.equal-signs MPlayer-1.2/libao2/ao_alsa.c
--- MPlayer-1.2/libao2/ao_alsa.c.equal-signs	2014-05-06 21:02:03.000000000 +0200
+++ MPlayer-1.2/libao2/ao_alsa.c	2015-12-31 06:30:05.825251697 +0100
@@ -276,6 +276,8 @@ static void parse_device (char *dest, co
     tmp[0] = ',';
   while ((tmp = strchr(dest, '=')))
     tmp[0] = ':';
+  while ((tmp = strchr(dest, '^')))
+    tmp[0] = '=';
 }
 
 static void print_help (void)