does apple tv 4 have to have internet access to play my library

I live in a rural area and don't have an always on internet connection. Will the new Apple TV 4 still work like the 3 did for playing my iTunes library from my local network without an internet connection. I understand I will need to turn on the internet to stream HULU/Netflix etc. I had purchased a Google chrome but returned it because it had to have an internet connection to function at any capacity.

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