VLC (VideoLAN) is a fabulous application created by University students and developers around the world and designed to play multimedia files, thanks to its GPL licence.
One of the interesting features of VLC (VideoLAN) is video transmission through a network. Specifically, it can be used to send video over a unicast or multicast network or as a client to play streams of data in video format from the Internet or an internal network.
More than just playing video and audio files, VLC (VideoLAN) also lets you choose scenes from films, slow motion and more.
With a simple design, but powerful playing, it lets you work with MPEG, MPEG-2, MPEG-4, DivX, XviD, WMV, WMA, MP3, WAV, OGG, SVCD, DVD formats and more.