The cross-platform open-source multimedia framework, player and server. VLC media player is a highly portable multimedia player and multimedia framework capable of reading most audio and video formats (MPEG-2, MPEG-4, H.264, DivX, MPEG-1, mp3, ogg, aac …) as well as DVDs, Audio CDs VCDs, and various streaming protocols.
HomePage: http://www.videolan.org/vlc/features.html