I would like to have some "3D cork" placed along the angled ceiling. I know that hanging panels would probably work better, but would appear more obtrusive and could interfere with the surround speakers.
I know that this gets very expensive, very quickly and when I corked a wall back in 1981, it smelled up the room for a dog's age.
Also, while it would certainly deaden the reflection, I have no idea what it would do to the imaging.