No, only possible concern is the speakers if they are not magnetically shielded. It won't do damage, but their stray magnetic fields could deflect the TV's electron guns (assuming it has CRTs) in time to the music, causing a squirrelly picture. The center speaker and possibly the fronts are the concern. If they are shielded, and better speakers are, there should be no concern.
9/11/2001 - You have awakened a sleeping giant, and filled him with a terrible resolve. - paraphrased from Yamamoto