PlayStation Co-op screen issue

[Techillah]

Hello. Since the update our co op screen looks like whats on the picture . Screen just shrunk. We tried ps4 settings and even tv settings, nothing helps. Cant see half the inventory, he cant see bits on his left side and I cant see bits on my right side. Wheres my energy bar? Nobody knows.
We are on 1.62 update atm and it shows no other updates available.

 

[airborneK]

We have the same exact issue(1.62). no options fix this. resizing in settings only makes it worse.