Stick a fork in it, it’s done.

plans to support ad-supported online media streams

Why are they saying it like it’s something good and exciting?

rewriting the whole core of VLC for the 4.0 release which will see a new interface

Where have we see it before? It’s basically the classic scenario where popular software/service makes a complete chnage of design nobody asked for and it fails miserably. I recommend everyone to make a backup of the installer of the last version before this release…