Compatibility issues?

I am getting the following error code when using the plugin in version 3.5.1

Warning: file_get_contents() [function.file-get-contents]: http:// wrapper is disabled in the server configuration by allow_url_fopen=0 in /home/www/mysite/wp-content/plugins/ustream-status/ustreamstatus.php on line 96

Warning: file_get_contents(http://api.ustream.tv/php/channel/wotstv/getValueOf/status) [function.file-get-contents]: failed to open stream: no suitable wrapper could be found in /home/www/mysite/wp-content/plugins/ustream-status/ustreamstatus.php on line 96
Error occured. We could not retrieve the data from Ustream.

is this a version compatibility issue and are there any plans for an upgrade?

http://wordpress.org/extend/plugins/ustream-status/