Plex says TrueHD not supported and transcodes video, even when speaker & media player supports it

no known smart tvs support truehd passthrough via app, only via e-arc with external device (ie shield or bluray players).

shield supports truehd pass through, if its not working for you, open a new thread and post ALL the exact specific details of your setup, what settings, and what plex versions (client/server).

see also for reference @ Plex, 4k, transcoding, and you