VLC Media Player is a free and open-source software Media Player published under the Terms and Conditions of GNU General Public License (GPL). VLC Media Player is my favorite video player for all types of audio and video formats even for the DVDs or VCDs. For your info, VLC can be used as a server to stream in unicast or multicast in IPv4 or IPv6 on a high bandwidth network. I personally think that VLC media player is a simple, fast and powerful media player software which almost can plays everything either audios or videos. You do not need to download additional plugins or codec to play different audio and video files.

VLC can recognize mouse gestures and support other programs such as Web, Telnet, and Command line. The player is compatible with over 100 free customizable and interchangeable skins that you can download.
VLC Player is Open-Source Software, released under the General Public License meaning it will always be freely available for download to its members.
VLC Media Player is a free open source software which can be downloaded for free and once you installed VLC Player in your PC or Notebook, you do not need to install external video codec or video players anymore because VLC helps you to play most of the types of audio and videos.
The best thing is VLC is completely FREE and no external codec packs needed to watch movies.

You can watch or listen to your downloaded file using unicast or multicast streams so you can share the file in real-time. By installing the media player, Linux users can transfer data using the player's infrared functions.
It can support over 250 audio and video formats, from MPEG-1 to DV, DVD, Real, H.264, MP3, MP4, WMA, AAC, TTA, to AVI.

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