Ah, got it. However it does not happen with any other sources - Xbox One X, blu-ray player, or the RaspberryPi 3 running OSMC. Audio on all these is fine.
I will say the more I went digging on the web, the more instances of this happening...
While I am within the 1 year warranty period, I am not within the return period. Not sure getting a new unit would help.