I had the same problem w/ my Samsung Cable box (Optimum) and LG TV. Turns out the problem wasn't with the box, but with the smart LG TV. Under >Settings/General/HDMI ULTRA HD Deep Color, I turned that option off for the HDMI port being used. (I read this on a similar thread for a Samsung UHD TV, and the problem was similarly solved by Turning off HDMI UHD Color in General/Settings)