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1. One great thing about open source is that nobody is forcing you to upgrade. You can stick with VLC 3.x forever, and as mentioned in the video, it will be a long-term support release.

2. Jean-Baptiste Kempf was offered tens of millions of euros to put ads in VLC, but turned down the offer (link in French)[1]

[1]: https://old.reddit.com/r/france/comments/736ghk/ama_je_suis_...

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Except that codecs and hardware won't stop evolving.

And let's not forget that codecs have a long and terrible history of security issues. There's a reason that they're a poster child for fuzzing.

Nothing about open source allows you to use an old and unsupported piece of software

It literally does. As the source is available, you can always compile whatever version you happen to have the sources for. Nobody is forcing anyone to upgrade, there's just no guarantees either.

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