Thanks for the reply, Iamrohan77.
To confirm, have you had a chance to test if this continues when using different cable? A non-HDCP compliant cable might be causing this issue. (note from the article below, Netflix requires HDCP 2.2 rated cable for UHD videos or If using a cable or adapter, it must support HDR).
If the cable isn't the issue and this seems to be only with streaming content from providers, what settings are you using for the video quality? HDR? As an example, this is from Netflix showing their requirements:
How to use Netflix on your Mac computer
https://help.netflix.com/en/node/55764
"Netflix in Ultra HD
To stream in Ultra HD (UHD), you need:
- A Mac computer with an Apple processor or Apple T2 Security chip, and built-in UHD-capable display.
- macOS Big Sur 11.0 or later installed.
- The latest version of Safari browser.
- If connecting to one or more external displays, each connected display must have a minimum 60Hz refresh rate and UHD/4K resolution, and be connected using a HDCP 2.2 rated video cable.
- A Netflix plan that supports streaming in UHD.
- A steady internet connection speed of 15 megabits per second or higher.
- Streaming quality set to Auto or High.
Netflix in HDR
Netflix supports two High Dynamic Range (HDR) video formats, Dolby Vision and HDR10. If your Mac meets the requirements below, TV shows and movies available in HDR will display the HDR or DV icon next to their description.
To play HDR content on your Mac computer, you need:
- The latest version of the Safari browser
- A compatible Mac model with an HDR-capable display
- macOS Catalina 10.15.4 or later
- If using a cable or adapter, it must support HDR
- The Apple XDR Display preset or High Dynamic Range checkbox turned on in System Preferences > Display
- The Optimize video streaming while on battery option turned off in System Preferences > Battery"
You may need to contact the other providers for their requirements.
Review this article for any HDR settings needed on your MacBook: Play HDR video on Mac - Apple Support
All the best.