Can I hook my TV up to my home theater without a receiver?

CBCB Ƹ̵̡Ӝ̵̨̄ƷDer Millionendorf- Icrontian
edited November 2010 in Hardware
My TV has SPDIF out. My new home theater speakers connect with standard banana jacks in the wall behind the TV.

I just want to run the sound from the SPDIF port to the banana jacks. All my Google searching, and Yahoo asking is telling me that I have to get a $300 receiver which, while they certainly will do what I need, they also do a lot more. It seems like there should be a solution which does not require such a great expense.

Is there no such thing as an SPDIF to analog audio converter box?

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