As long as proper clearances are maintained from the fireplace to all combustible materials, there should be no ill effects. When it comes to televisions, it is not the best idea to place one directly above a vent free fireplace, without some sort of barrier. All heat produced by a vent free fireplace will immediately rise and can damage sensitive electronics. Only if there is a mantel or shelf that projects further from the wall than the television does or if the television is placed on a free standing mantel should this setup be okay.