Release target is tentatively mid April according to here..
this post was submitted on 05 Mar 2024
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Jellyfin: The Free Software Media System
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Besides all the other stuff people mentioned, a concrete one is that you can stream TV via it for free vs Plex. Just add a TV tuner to it and away you go.
That's always been pretty much a niche though (and I know as a former HDHomerun and Kodi user) and over time more people just stream their media anyway.