After many years of planning, patches, testing, and effort, the Media module has now finally reached a stable 1.0 release. This work would not have been possible without the efforts of the entire Drupal Media team and especially its founder, Aaron Winborn, whose drive and passion has inspired us all.
Second unstable release of the Media 2.x module to be used with File entity 7.x-2.0-unstable2. As this release is still unstable, APIs may change and there could be major bugs. Use at your own risk and make sure to have a database backup before using or upgrading.
This is the first of many unstable releases of the 2.x branch of Media. They should be used with caution and not used on production sites as APIs are likely to change without backwards compatibility until they have been stabilized.
Currently it is safe to upgrade from Media 7.x-1.x to 7.x-2.x, but you must make sure to remove the old file_entity module from inside the media module directory and download and enable the File entity module since it was moved to its own separate project.