Iggy,
About the only thing I can figure is that your update is messed up. (Well, messed up is the technical term.)
I suggest you do a factory restore and redo the update. That it is so systemic, i.e.: happens on all of your sources, and never did before the update, should indicate that there was something amiss in your update.
When mine was finished, for example, my AppleTV needed to reboot 3X, and when it was done, I had no audio. A simple power-cycling did it for me, but I wouldn't have thought twice about restarting the upgrade all over again.
Upgrades are fraught with peril -- too many things have to go right to have them work. Please let us know what you plan to do.