It does happen: had a tough time with "Severance" and "The Essex Serpent" on AppleTV+, "Encanto" on Disney+, and any number of movies on HBO Max. I switched from wired ethernet to wireless for "The Essex Serpent" and that cut the interruptions down from every few minutes to twice an episode, which to me was worth the tradeoff.
I have been watching "Stranger Things" on Netflix and the interruptions were intolerable until I switched to wifi and religiously reboot the AppleTV before each episode. That reboot in particular helps a lot and I watched the last episode without any glitches.
Turning off Atmos in the AppleTV settings in favor of 5.1 also fixes the problem. But what's the point of Atmos then? I could use the GoogleTV Netflix built into my TV over eARC, which works very well -- but it doesn't deliver Atmos. That's how I watched "Severance" using the GoogleTV AppleTV+ app before I knew about the reboot and wifi trick. I'm not willing to go to 1080p because that means giving up HDR as well.
If you're not encountering the problem, maybe you have slower internet (mine is 200/20), or a receiver/Atmos sound bar that's not as sensitive as the Denon 8500HA.