A multiresolution source/filter model for coding of audio source signals (spot recordings) is proposed. Spot recordings are a subset of the multimicrophone recordings of a music performance, before the mixing process is applied for producing the final multichannel audio mix. The technique enables low bitrate coding of spot signals with good audio quality (above 3.0 perceptual grade compared to the original). It is demonstrated that this particular model separates the various microphone recordings of a multimicrophone recording into a part that mainly characterizes a specific microphone signal and a part that is common to all signals of the same recording (and can thus be omitted during transmission). Our interest in low bitrate coding of spot recordings is related to applications such as remote mixing and real-time collaboration of musicians who are geographically distributed. Using the proposed approach, it is shown that it is possible to encode a multimicrophone audio recording using a single audio channel only, with additional information for each spot microphone signal in the order of 5 kbps, for good-quality resynthesis. This is verified by employing both objective and subjective measures of performance.