I just want to note that currently it seems like subtitles are totally broken on the “new” LG App for MPEG2 files.
The “new” LG App refuses to Direct Play MPEG2 files, instead choosing to Direct Stream them. This weirdness is compounded by the fact that whatever they are using for Direct Stream doesn’t support SRT, so it burns them in and then has to transcode. This is seems unrelated to earlier issues with subtitles and audio transcoding
