Hi @LJ1000
Welcome to the Sonos Community!
Sorry to hear of this issue you are having with playing Atmos content on your new Arc Ultra.
Also just tried a movie on my ps5 with Disney+ and it shows it playing Dolby Atmos.
As you are able to play Atmos, everything to do with your TV and your Arc Ultra is set up correctly - when you don’t get Atmos, that is now presumably due to the TV app used (and possibly it’s settings), the content, or your subscription level.
I hope this helps concentrate your efforts to the right location.