Welcome to the forum!
Yep, AAC 5.1 is pretty much useless on the Live players.
To get it playing, and have surround sound, try the following:
- Get MKVtoolnix from here. You want a version prior to 4.1.0 for simplicity (i.e. 4.0.0 or lower)
- Using MKVmerge GUI (part of MKVtoolnix), convert (“remux”) the MP4 to an MKV.
- Get Popcorn MKV Audio Converter from here.
- Convert the MKV you created above from AAC 5.1 to AC-3 audio.
- Play the new MKV it creates!