Just to clarify, we need the same functionality we have in Classic BI: Wherever the text fields are used, if they contain HTML tags then they should be rendered with the formatting defined by the HTML tags. Ideally, we should also have a narrative option similar to classic BI.

any update on timeline?

This is one feature that is keeping us from not fully adopting DV. Instead we are having to still use Classic analyses. Please consider bringing this functionality in DVs at the earliest.