I have not yet seen a movie or program streamed in 7.1 surround sound. I watch a lot in 5.1 Dolby Atmos, usually Netflix, but you need the $17.99/month Netflix Premium subscription (or a friend who has one) and a minimum 3Mb/sec connection. Not all programs have Atmos.
When programs do not have Atmos I use my processor's Dolby Surround setting which upmixes stereo, 5.1 and 7.1 to take full advantage of all speakers in a Dolby Atmos system. Dolby Surround can steer frequency bands individually, producing surround sound with precisely located audio elements and spacious ambience.
Depending on the programs compression codecs I also can use DTS Neural:X which creates separation by placing sounds at different points in the sound field. DTS Neural:X works surprising well to produce 7.1.4 Atmos effects with 5.1 programs, I'm impressed.
DTS Neural:X does not apply to Dolby Atmos, Dolby TrueHD, Dolby Digital Plus sources. Non-Direct mode adapts the audio to your speaker layout if it is different than the content creator's.