If these images are accurate to your panel, and you have a desire to see things properly, the setting should not be set to Vivid.
Vivid may work nicely for some football games, and imagery of clown fish swimming in coral - big box store fodder - but not for cinema.
As an M-G-M UK production, Ivanhoe was given to Freddie Young as DP.
And it shows.
Derived from the original negatives, Warner Archive has given us yet another meticulously prepared Blu-ray, appearing akin to a Technicolor dye transfer print - but with slightly increased resolution.