As someone who has built multi-camera live broadcast systems and operated them you are 100% correct. There is color correction, image processing, and all the related bits. Each of these units costs many times more and is far more capable with much higher quality (in the right hands) than what is included in even the most high end TV.
robomartin|2 months ago
Most people have absolutely no idea what goes into making the pixels on their screens flicker with quality content.