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Raspberry Pi - Introducing: Raspberry Pi 5
(www.raspberrypi.com)
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Finally, a pi good for 4K video! (Apparently Raspberry Pi 4 could as well, but I am assuming this is an improvement. I still have a couple of Raspberry Pi 3's.)
It doesn't have h.264 hardware decoding though, so ironically 4k HEVC/h.265 will probably play just fine but 1080p h.264 might struggle depending on your cooling solution.
That seems to work for my needs. The performance improvements according to this video seems promising: https://yewtu.be/watch?v=9hYfQ7bRgZg
Then again, after learning about the crappy things the Raspberry Pi Foundation has done, I'm probably better off getting a used Lenovo ThinkCentre or HP EliteDesk Mini (which I already have) for a much lower cost. I was just excited about Raspberry Pi's finally being powerful enough to handle 4K, but that may be a stretch, too.