Please update to the latest upstream release 1.0.0

This bug was fixed in the package vlc - 1.0.0-1ubuntu1

---------------
vlc (1.0.0-1ubuntu1) karmic; urgency=low

  * Remaining changes to debian:
    - build against libxul-dev instead of iceape-dev
    - build against libass-dev and libx264-dev
    - build against and install libx264 plugin
    - add Xb-Npp header to vlc package

vlc (1.0.0-1) unstable; urgency=low

  * New Upstream Release
    + Closes: #536081, LP: #396548
    + Refresh patches
  * no longer closes when pausing from the notification area, LP: #371515
  * fix encoding bug when opening subtitles with non-latin characters,
    LP: #394449
  * Don't install the alsa and OSS access module on kfreeBSD (Closes:
    #535101) - thanks to Javier Mendez Gomez
  * Force at least libvlc 1.0.0 becasue of tha soname change of
    libvlccore
  * Delete a symbols who was present by mistake.
  * No need for dh_desktop. It's a no-op
  * New standard version. No change needed
  * Fix make distclean. New patch taken from upstream
  * Upstream make distcheck has been fixed. No need to save Changelog

 -- Reinhard Tartler <email address hidden> Fri, 10 Jul 2009 16:18:23 +0200

Is there any chance of the Jaunty package being updated?

vlc needs an updated libschroedinger, so if you want vlc backported, libschroedinger need a backport first. It will be easier to use the MOTU Media Team PPA: https://launchpad.net/~motumedia/+archive/ppa