VIDEO
VLC Media Player
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.
FEATURES
VLC media player is a highly portable multimedia player supporting most audio and video formats (H.264, Ogg, DivX, MKV, TS, MPEG-2, mp3, MPEG-4, aac, ...) from files, physical media (DVDs, VCD, Audio-CD), TV capture cards and many network streaming protocols.
It can also convert media files, transcode and act as a streaming server over unicast or multicast and IPv4 or IPv6. It doesn't need any external codec, program or codec pack to work.
SYSTEM REQUIREMENTS
Operating System: Windows 2000/XP/Vista and Windows 7