I just wrote a quick tutorial how to install VLC 2.1.5 Rincewind on Xubuntu 14.04. Now I want to share a shell script which simplifies the VLC 2.1.5 installation of Ubuntu 14.04 and all its derivatives. This script will add the VLC PPA to your system, update and install VLC.
To use it, click the download link above and save it to your computer. Open Terminal and paste this command
chmod +x install-vlc.sh