A lot of folk would like such a device, unfortunately it is forbidden under the terms of HDCP licensing to provide digital outputs for any of the higher end lossless codecs.
Yes, I recall a conversation with Meridian about this some 10 years ago, I think they have a licence to do something but no one else can following some involvement in the HDMI development, I like Meridian you buy in to digital to speaker and thats not for me.