No Picture in Picture button on AppleTV

Hello!

I wanted to try PiP out and just realised I don’t have the button to enable it. As you can see when I swipe up, it’s not there where it should be.

The file is streamed from a Plex server and it’s a 4K h265 EAC3 Atmos HDR10 .mkv.

Is there anything I’m missing?

Thanks!

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This is happening for me too