Unfortunately, these types of converters w/ HDTV audio outputs are always some degree of trial and error.
If you hear sound from the Panasonic HT system and/or Sky+Box through your HDTV's built in speakers already, then you should also be able to pass along (usually only) stereo sound to the wireless headphones using the converter you posted. 5.1 content is more often than not restricted in being passed back out of the HDTV. So theoretically, you mute the Panasonic volume and select 'digital audio output' [PCM stereo] on the LG. Headphones are plugged into the converter and let it rip...
I am trying to connect my wireless headphones (Sennheiser RS 120) so i can hear the TV without disturbing my girlfriend. I can connect ot either my TV (LG42inch LED), My SKy+Box or my home cinema (PanasonicSC-BTT490EBK BLuetooth 5.1 system).
The Wireless speakers have a normal headphone thing i need to plug in from the dock thing the headphones rest on. (its like a normal earphone thing that goes into you ipod)
The TV, Skybox and Panasonic bloue ray home cinema thing doesnt have a connection for this to go into. Its getting really frustrating now as i have tried many options.
Would this work? http://www.amazon.co.uk/WINPOON-Converter-Supports-Simultaneous-Headphone/dp/B00BUQURP6/ref=sr_1_fkmr0_3?ie=UTF8&qid=1381418948&sr=8-3-fkmr0&keywords=Digital+to+Analog+Audio+Converter+With+Micca+6ft+Optical+Toslink+Cable+-+192kHz%2F24bit+Optical+and+Coaxial+DAC
I can plau the wirless connection fro the headphones stand into the headphones Output i guess? But what sort of wire should i get to go from the tv or home conema into the Input. Coaxial?
I want to be able to hear just the headphones when i use them and then when i dont hear through the normal speakers of the tv or home cinema. Is this possible and if so which do i want to plus from into the converter.
Any help would be much appreciated cos this is going on for ages and im getting no progress. No one in the shops seems to have a clue!