One of mine does, but it only handles MPEG-2 video and AC3 audio...kinda useless when your videos are all H.264 with a variety of audio codecs.

Maybe newer TVs (this one's 10 years old) have support for more codecs, but I'm not inclined to replace it when it otherwise continues to work well. I'll just drive it with a Raspberry Pi running Kodi and call it good.

VLC can be installed on most smart tvs and has excellent DLNA support. I still use plex but have DLNA as a backup when the internet goes out (better local network connectivity)