Ubuntu 16.04 - Install VLC PPA
The current version of VLC on Ubuntu 16.04 is 2.2.2 Weatherwax. You can get a later version of VLC by using one of the PPAs listed below.
Daily Stable PPA
This PPA has daily builds made from the last stable branch of the VLC media player. You will not find major version updates in this archive, such as from 2.2.x to 3.0.x.
sudo add-apt-repository ppa:videolan/stable-daily -y sudo apt update && sudo apt install vlc -y
VLC Daily Build of master branch
The Launchpad page states:
"This package archive contains daily builds made from the VLC development branch.... This is meant for build testing purpose".
Thus it shouldn't be considered "stable" and use at your own risk.
sudo add-apt-repository ppa:videolan/master-daily -y sudo apt update && sudo apt install vlc -y