The HB954SP offers Full HD 1080p playback, 1,000W of power and 5.1-channel output. Packaged with five oval satellite speakers, the new system - which will be available next month - benefited from the input of world-renowned audio guru Mark Levinson.
Features of the HB954SP include two HDMI inputs, and the ability to play back Blu-ray Discs in full HD, stream YouTube videos and connect an iPod or iPhone via the iDock.
In addition, the BD-Live feature means that it is possible to access extra content and downloadable features from filmmakers' websites, while the LG Sound Gallery offers seven simple options to enhance the sound being played.
Sarah Thompson, marketing executive for digital media at LG Electronics, commented: "LG brings the explosiveness and realism of the Hollywood blockbusters into your living room with our latest home cinema system. It is a testament to our endeavour to push the boundaries and create home entertainment solutions to suit everyone's needs, while incorporating the best quality image, sound and online capabilities."