A new jailbreak solution that works on Apple TV 4 could be released to the public thanks to Yalu102, being the latest tool that can jailbreak iPhone SE/6S and iPad Pro with iOS 10.2 installed. tvOS 10.1 is the equivalent of iOS 10.2, so theoretically a jailbreak solution for Apple TV 4 would be available for those interested.
The information comes from well known Apple TV hacker Kevin Bradley (@nitoTV), saying that some of the source code for iOS 10.2 could be adapted to release a jailbreak solution for Apple TV 4 running tvOS 10.1. This comes as a confirmation of what Bradley recently suggested on Twitter.
but im really excited at potential to jb when a fw version can still be installed en masse by people. get on 10.1 if u arent jb already!!
— kb (@nitoTV) January 27, 2017
There is no reference regarding a possible release date, but considering that things have begun developing the waiting game will end soon as it happened with tvOS 9.0 or 9.0.1 in the past. In general, Apple TV 4 has not had the same attention as other Apple devices like iPhone or iPad when it comes to launching jailbreak solutions.
Yet, the ease with which hackers can now tailor jailbreak solutions developed for iOS to tvOS can bring a major change in the game. If you're really into Apple TV 4 jailbreaking you can check out the yalu102 source code released on GitHub.
As always when we talk about jailbreak it is important to stop future OS updates. It is quite possible that Apple will release very soon tvOS 10.1.1, situation in which you have to downgrade back to 10.1. So, just to be safe don't update your Apple TV 4 if you're thinking about jailbreak.