I've torn down a couple LCD panels with this failure mode. What actually happens is that in addition to the CCFL lamps wearing, the plastic light spreader and diffuser layers turn yellow-brown. They then absorb more light and heat up, accelerating the process. One display I took apart these had become so brittle that the sheets crumbled into bits. Not much you can do really, although if you extract the panel intact you could try making a new backlight just for fun, or build an LCD window.
Actually I think I have 2 of them, both left outside for someone like me to claim. I never tried the 2nd 1, but the above 1 is my new backup.
Didn't realize it was LED, I gleamed that sometimes the CCFL voltage could be low causing lower brightness, now I'm disappointed.
The white in a text box is almost white, the blue tinted stuff on this page was yellowed. (I have my regular 27" 1440p LED working again, sleepmode problem)
I suppose LED/s changing intensity over the years would upset the color balance, or something else that 'weather's' over the years, so maybe it's just to change the color balance for a very boring 'fix'
I'll take 1 of them apart just to look around, never torn-down an LED LCD before.