Nvidia Shield Pro 2019. It is the only device that will passthrough TrueHD audio. It also direct plays PGS, VOBSUB, & SRT subtitles. Note that if the audio is transcoding and you enable subtitles, then the video will also transcode. This happens with any AndroidTV device.
If you do not care about TrueHD + Atmos audio then also consider the AppleTV 4K and Roku. The AppleTV decodes TrueHD to PCM, which is also lossless, so there is no sound degradation. However, Atmos information is lost in the process. I believe the Roku does the same.
My setup: Shield Pro 2015 ↔ Denon 4300 ↔ LG B7 OLED
PMS runs on a Synology DS918+
Everything direct plays. The Denon handles all the audio formats and the LG handles all the video formats.