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VLC Player for Mac 2.1.5
VLC Player for Mac 2.1.5
VLC Media player is probably your answer. VLC media player is the most successful free open source multimedia player out there with over 500 million downloads according to the developers. In particular, VLC media player is a great alternative to , iTunes, and RealPlayer. It's lightweight, fast, easy to use and most importantly, plays almost anything.

The most stable, flexible and lightweight audio video player around today. Other media players will play unusual formats after downloading a codec, or simply refuse to play things, VLC media player handles tons of formats, from MPEG to FLV and RMBV files. Version 2 has seen some important additions support for 10 bit codes plus multi-threaded decoding for H.264, MPEG-4/Xvid and WebM.

You can use VLC media player to preview files you are downloading since it plays incomplete parts of video files. VLC media player is not just for video playback however. It also offers superb video channel streaming services such as Channels.com giving you access to channels such as ESPN, Reuters and National Geographic. Just right-click or CMD-click on the playlist, select Services Discovery and Channels.com. Channels.com will then appear in your VLC media player playlist. Click on it to reveal the the different categories of channels available. You want and a drop down list of all available channels appears in VLC media player. Just click on the channel you want to watch and streaming begin almost immediately.

MX Player Control and Create Playlists

VLC Player also has great hotkey support, the time to learn the shortcuts so it can be controlled without touching your mouse. If you're watching DVDs or video files through it, this is not an issue. For music, it plays more or less any file and features an equalizer and playlist creation. VLC media player isn't as intuitive as iTunes media manager, but it's a much more flexible player in terms of file formats. You can even use VLC to convert your files, and on top of all the formats and physical media it will play, streaming protocols and TV capture cards are supported.
VLC Player makes it easy to add subtitles your video files too - just add SRTfile to the folder where your video is kept, and it will automatically play subtitles.
Finally, the interface has been somewhat improved in version 2 on Mac. In fact, the Mac interface is now considerably slicker than on Windows with a single window for everything. However, it's only available in 2 colors: Lion grey and QTX black. There are also new extensions support Lion integration. The preferences menu is still comprehensive without being overwhelming, and there is extensive documentation online.
Don't forget to check out some of our articles such as VLC media player v KMPlayer, How to rotate a video with VLC media player, audio with video in VLC media player and How to use subtitles with VLC media player.

Ultimate free Multi-format Player

There's fault with VLC media player. It's a superb lightweight media player that will successfully play the most stubborn files where other players fail.
Recent changes
Faster decoding on multi-core, GPU, and mobile hardware and the ability to open more formats, notably professional, HD and 10bits codecs, 2.0 is a major upgrade for VLC

Twoflower has a new rendering pipeline for video, with higher quality subtitles, and new video filters to enhance your videos

Rework and fixes of the Mac OS X interface

Fix MKV, SWF, AIFF and subtitles demuxer crashes

Fix Pulseaudio initial synchronization

Translations updates and new Welsh translation

Fix system sleep issue on Mac OS X 10.5

DVB-S delivery system detection

Fix audio and video track selection through libVLC

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