Color is faded or washed out with some Netflix programs on AppleTV connected to Sony TVs

I have two Sony TVs, one 4K and the other 1080p. I have Apple TV 4K on both. When I watch certain shows on NetFlix, I can tell right away if the shows will be in normal color or sort of washed out or faded. the Netflix logo at the beginning will not be the bright red it normally is. It’s sort of orange-red on both TVs. If I set the video Format to 720p SDR, the color is fine. I have determined it’s the AppleTV box, because if I use the TVs built in Netflix it’s fine or a Roku and FireStick. It has something to do with the higher resolutions make the color look faded. Both are updated to tvOS 16.5 (20L563). I don’t have the problem on Prime Video or Disney+. It used to be only a few shows had this problem but now it’s almost all the new shows. I’m wondering if other AppleTV owners with Sony TVs experience the same problem.