Not sure about the model number of your TV, but I have seen a few similar failures on 42" Phillips TV.
When the screen black outs, it's usually caused by a semiconductor with a short circuit. As soon the power supply detects the short circuit, it power off the display. The semiconductor can be a power transistor broken.
Horizontal lines are caused by a failure on the display circuitry. To repair it, the entire display needs to be replaced (making it an expensive repair), it may be caused by excessive use of the TV (let's say 14 hours working every day).
If your TV still under warranty, I highly recommend you to contact the manufacturer for assistance in repairs.
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thanks for the help and advice. i will have someone come check it out
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