libtool:

 - Don't link builtins against anything (dependencies are linked in libvlc)
 - Don't mangle name of underlying libraries

bootstrap

@@ -441,7 +441,7 @@ lib${mod}_a_OBJCFLAGS = \`\$(VLC_CONFIG) --objcflags builtin ${mod}\`
 lib${mod}_builtin_la_CFLAGS = \`\$(VLC_CONFIG) --cflags builtin ${mod}\` -static
 lib${mod}_builtin_la_CXXFLAGS = \`\$(VLC_CONFIG) --cxxflags builtin ${mod}\` -static
 lib${mod}_builtin_la_OBJCFLAGS = \`\$(VLC_CONFIG) --objcflags builtin ${mod}\` -static
-lib${mod}_builtin_la_LDFLAGS = \`\$(VLC_CONFIG) --libs ${mod}\` -static
+lib${mod}_builtin_la_LDFLAGS = -static
 
 EOF
   done

src/Makefile.am

@@ -165,7 +165,7 @@ libvlc_la_SOURCES = $(SOURCES_libvlc)
 libvlc_la_CFLAGS = `$(VLC_CONFIG) --cflags vlc`
 libvlc_la_CXXFLAGS = `$(VLC_CONFIG) --cxxflags vlc`
 libvlc_la_OBJCFLAGS = `$(VLC_CONFIG) --objcflags vlc`
-libvlc_la_LDFLAGS = `$(VLC_CONFIG) --libs vlc builtin|sed -e 's/\.a /_builtin.la /g'` \
+libvlc_la_LDFLAGS = `$(VLC_CONFIG) --libs vlc builtin|sed -e 's/\(modules\/[^ ]*\)\.a /\1_builtin.la /g'` \
 		-avoid-version -no-undefined
 libvlc_la_DEPENDENCIES = stamp-builtins