A multimedia system is provided, comprising a computer for receiving audio data and video data from a source and transmitting the data serially over a high speed serial link, a set-top box connected through the link to the computer for receiving the audio data and video data, the set-top box having a southbridge module with a link interface connected to the link and providing a local parallel data bus output and at least one audio playback channel receiving the audio data; and a graphics processor receiving from the southbridge module the video data over the bus, processing the video data and providing a video output in at least one display format. At least one display device is connected to the graphics processor for receiving and displaying the video output; and at least one speaker is connected to the audio playback channel.