You sure you’re looking in the right place?
Video and Audio then scroll down to the bottom to the Calibration section.
And if it’s still not there are you definitely sure you’re on tvOS 14.5?
I'm having the same issue. I have the Apple TV (non-4k) and it does not show up under Calibration. Before coming to the thread I made sure I was on 14.5 and tried rebooting.
I have the 4th gen, and it doesn't show up in the menu.
edit: I just checked for updates and it says my Apple TV is on 14.6. Color balance now shows up in the menu. There must have been a bug. To those having the issue, try updating now.
I have the 4th gen, and it doesn't show up in the menu.
edit: I just checked for updates and it says my Apple TV is on 14.6. Color balance now shows up in the menu. There must have been a bug. To those having the issue, try updating now.