The LCD panel has physically broken and is impossible to repair. The only fix is to replace the complete panel, but it will cost more than buying a complete new tv, sorry.
When you buy a flat panel tv you are effectively buying the panel at a huge volume discount and all the other parts which turn the panel into a functional tv are effectively bundled for free. Buying the flat panel as a spare part does not benefit from the same economy of scale and so even without labour and shipping charges, they can actually cost more than a brand new tv and definitely cost more than a secondhand, used, tv.
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