Is this happening once at the beginning of the show, or periodically during the program?
In any case, the "Dolby Vision" banner in the upper right of the screen is the LG's way of letting you know that it's started receiving a video stream encoded using Dolby Vision. The preceding 2-3 seconds of blank screen is the time it takes the LG to switch to the new video formatting.
You can prevent this by changing the ATV4K's default Settings > Video and Audio > VIDEO: Video Format = 4K Dolby Vision and setting Match Content = Off. In effect, this switches the ATV4K to Dolby Vision output mode when you turn it on and has it stay there (upsampling/converting lesser content as best it can to match your TV's best video mode).
Some folks say they have issues watching SDR-encoded content and content encoded at different framerates this way ("washed out colors", flashes and "judder"), others don't see any issues and say everything looks great... I suspect most issues are due to mismatches between the TV's settings and the ATV4K's, old spec HDMI cables or other TV issues.