The T.V. will always be a focal point unless you cover it with a painting or something that is why people hang them above the fireplace so you don't have to hassle with furniture layout and 2 focal points. There are ones that drop from the ceiling and ones that pop up from a cabinet those would be your other choice. When I design homes I put the T.V. in the family room and the fireplace in the LR that way you actually use the LR more often. I have never had a T.V. in my LR but have always had a fireplace there.

Thank you. I do have a formal living room with no TV in this room. I will have a TV in the family room just hate to put it above the fireplace mantle.