Netflix Cargo Movie (compression)

I haven't had too many glitches on Netflix movies when streaming on my ATV.. maybe one Western with Clint Eastwood... but I noticed last night things seemed pretty bad with one movie in particular: Cargo Some sort of sci-fi thriller or something.

In any case, if anyone is bored feel free to give it a shot, as I am curious if you see the same horrible colour-banding & compression artifacts, particularly on the CGI scenes. I suspect that the poor SGI rendering also happened to somehow get saved in a lossy format before recompiling the movie.

Since this is very hard to believe a movie compilation could screw that up, so I am wondering if maybe it's an issue that got added in this way on NetFlix's end. Those artifacts were quite noticable starting from the begining credits titles.