VLC (initially VideoLAN Client) is a highly portable multi-platform multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, mp3, Ogg, OGM, MOV, wma, wmv...) as well as DVDs, VCDs, and various streaming protocols. The VideoLAN project targets multimedia streaming of MPEG-1, MPEG-2, MPEG-4 and DivX files, DVDs, digital satellite channels, digital terrestial television channels and live videos on a high-bandwidth IPv4 or IPv6 network in unicast or multicast under many OSes. VideoLAN also features a cross-platform multimedia player, VLC, which can be used to read the stream from the network or display video read locally on the computer under all GNU/Linux flavours, all BSD flavours, Windows, Mac OS X, BeOS, Solaris, QNX...

• Rewrite of the playlist (tree structure, input preparsing ...)
• Preferences improvements
• XML parsers
• Client-side SSL/TLS support
• Massive Matroska improvements
• Support for SOCKS proxy
• Support for Shoutcast Meta-data
• Support for (HE-)AAC raw-audio streams
• TiVo demuxer
• Samba (Windows shares) access module
• Dirac decoder and encoder
• PNG decoder/encoder
• Support for Apple Lossless Audio Codec
• Services discovery modules (brand new SAP module, HAL discovery, DAAP (iTunes shares), shoutcast)
• Support for 20/24 bits LPCM
• Video snapshot support (png or jpg)
• Image file video output (png)
• Mosaic (picture-in-picture system)
• Pocket PC port
• Brand new Internet Explorer ActiveX plugin

Change Log:
Access and demuxers:
* fixes for FTP relatives path and FTP directory support
* fix for podcasts parsing
* DVD: fix an assert error and various memory leaks
Taglib:
* fix NULL dereferences, as reported by FortiGuard Lab,
CVE-2010-2937 / VideoLAN-SA-1004
Playlist:
* fix a regression where the wrong entry was played
* fix m3u playlists exports
Skins2:
* fix video autoresize behaviour
Translations:
* Update translations for Dutch, Sinhala, Hebrew, Estonian, Spanish and Bengali
Windows and Mac:
* Update of many codecs libraries, fixing bugs and improving speed
Mac:
* architecture-specific installations will now be replaced by specific updates
BSD:
* Add AltiVec detetion for OpenBSD/powerpc

Homepage - http://www.videolan.org/vlc/