Let the hive mind of Engadget get that for you.
"I am looking for a device that will stream sound from one source to several recipients. For example, I want to stream sound from my TV or stereo to my phone or MP3 player that has radio and Bluetooth capabilities. I have looked into radio transmitters and they seem like a decent choice, but I can't find one that uses external power (USB or from the plug) and I would want one with a transmit range of around 50 meters. Thanks!"
The HDFury 1 did this same thing except just over VGA, which I use to connect an HD cable box to my Non-HDCP capable 22" lcd monitor. You can buy it from Monoprice for about $80. And no, there won't be any legal filings, The HDFury has been around for a while. It's only illegal if you use it for a purpose other than watching HDCP content on your legacy non-hdcp capable device.