This is happening to me right now. Called customer service and was put on hold for 20 minutes before a representative answered. He asked for my model code which I provided at which point he never said another word. I remained on the line for 8 additional minutes assuming he was working to resolve my issue. The final four minutes of this time I spent saying “hello” and “do you need any other information from me” as I could hear him laughing and chatting in the background. After 30 mins on the phone I finally gave up and hung up with absolutely no resolution and a horrible impression of Samsung customer service.
The best troubleshooting that actually resolves the "System Time is Updating" issue real quick is by connecting the Player to a mobile hotspot, try playing netflix, and have it connected back to the wi-fi.
@ userQibDCVFAek Plug the player back in. With no disc in the player, press and hold the Stop button on the panel until your TV displays the message "Reset all settings to the default values." After a few moments, the player will turn itself off and reset itself.