Try swapping the cables. If you get the same problem with the cable box and no problem with the player, the cable is the problem. If not, then your player or receiver has a problem.
Make SURE the cable is 75 Ohm. Not all analog cables are, and you cannot assume an audio analog cable is 75 Ohm, since some are not. Video cables are always 75 Ohm, so you can also try swapping one of those in to try out.