Since iOS gained Airplay I am getting a bit more use out of my Apple TV fortunately I haven’t experienced any of the flickering issues some people have had but Apple have released an update to fix the problem that affects older TVs. You can get the update directly from the Apple TV
Apple TV Software Update 4.2.1 can now be downloaded directly from the device. It applies only to the second-generation Apple TV, released last year. Features, according to Apple, are:
TV compatibility: Addresses issues that may cause the screen to flicker or display incorrect color on some older TVs.
Wake from sleep: Addresses an issue where Apple TV may not wake from sleep.
Audio: Addresses an issue where audio may not be heard on some TV models after switching from another input.
Stability and performance: Apple TV software Update 4.2.1 includes stability and performance fixes for Apple TV.
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