+1 for exFAT, hard to believe that its 2020 and interconnectivity is still an issue.
UPDATE:
After some searching, found a good workaround. DNLA server can be installed rather painlessly and available from the LG TV with one-click!
The good thing it does not matter how your drive is formatted. (I can open my films from ext4 formatted disk on my TV).
https://thornelabs.net/posts/install-configure-and-use-minidlna-on-os-x-yosemite.html
https://www.instructables.com/id/Raspberry-Pi-Media-Server-MiniDLNA/