--- /usr/portage/media-video/vlc/vlc-1.0.5.ebuild
+++ /usr/local/portage/media-video/vlc/vlc-1.0.5.ebuild
@@ -230,6 +230,10 @@
 	# Make it build with libtool 1.5
 	rm -f m4/lt* m4/libtool.m4
 
+	# libpng-1.4.0 needs this
+	sed 's:png_infopp_NULL:NULL:g' -i "${S}"/modules/codec/png.c \
+		|| die "sed png.c failed"
+
 	EPATCH_SUFFIX="patch" epatch "${WORKDIR}/patches"
 	AT_M4DIR="m4 ${WORKDIR}/${PN}-m4" eautoreconf
 }