Oh, I wouldn't say it's "about nothing" at this point, but neither is it quite the sky-is-falling that some are reporting it as. What it is (IMO) is the latest in a line of feckless management decisions where soulless wall street types run a nonprofit with a noble mission and history straight into the ground.
@niccolove has a very good video commentary about the situation on #PeerTube.
Edit: s/last/latest/ and another edit, for clarity