How would they earn money on this? It’s still a FOSS project. They are simply revamping their GUI and adding support for one more protocol.

Plex is NOT FOSS! Plex is a private company’s cash cow.

I’ve met the devs in person. They keep turning down literal suitcases full of cash from people who want to bundle adware and crap in one of the most popular programs ever. Don’t assume VLC is going down that road – they’ve stuck to their ethics for decades.