Team Pangu released jailbreak tool for Apple TV 4 device model. At this time, it is working tvOS 9.0 through tvOS 9.0.1 versions and only compatible with Mac operation system.
Few days back Apple released tvOS 9.2 and however, you cannot use Pangu tool for 9.2 at this time.
Please visit this page from your PC/Mac computer to download files
At this time Pangu Apple TV jailbreak tool only compatible with Mac computer.
Apple TV4 - tvOS 9.0 - 9.0.1 should run
C-type USB cable
Xcode application should be install to your Mac
You should have Apple development membership account. If you do not have Apple account, you should create before install - Get it from here
Download above Pangu Apple TV zip file and extract.
Now connect your Apple TV to Mac by using USB cable
Now you register with UDID number and use following path to get UDID
Open Xcode > Windows > device and choose connected Apple TV. Now you will see special characters as the image shown. Please copy it.
Now you should login Apple developer account and should register your Apple TV by giving above UDID. Use this path to do it https://developer.apple.com/account/ios/device/tvOS/create.
Create new Apple ID for Apple TV at this time.
In the next step, you should create mobile provisioning file. Use this path do it quickly - https://developer.apple.com/account/ios/profile/limited/create.
Now click on tvOS App development panel and click next button and pick your developer certificate.
On selected devices page choose you’re TV and click continue button.
Now download provisioning profile and you must save it to Apple TV jailbreak folder. After saved you must rename folder name as embedded.mobileprovision
Now you are ready to install Apple TV 4 IPA file. Use following path do it launch Xcode > Window > select device from menu > click + with your TV.
At this time, Pangu jailbreak app will install to your Apple TV 4.
Now click Pangu jailbreak app and after few minutes, you will have jailbroken Apple TV
Apple TV is the digital media center and gives application likes Netflix, Hulu, and iTunes. However, Apple provides some limited functions with Apple TV. However, after jailbroken you will be able to do more with Apple TV such as
Customization – Add slide shows, weather menu, ability to adjust screen saver settings, hide menus.
Very easy access to new applications.
Get a different kind of media file from iPhone, iPad and iPod devices by using AirPlay.
Remote HD – use your iPhone, iPad or iPod Touch to control Apple TV (As a remote control).
Gives access to XBMC, HBO, Nito TV, Pandora and many more third party TV channels.