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VLC media player is a highly portable multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, mp3, ogg, ...) as well as DVDs, VCDs, and various streaming protocols.
It can also be used as a server to stream in unicast or multicast in IPv4 or IPv6 on a high-bandwidth network.official website : http://www.videolan.org/vlc/
VLC media player 0.8.6c (last version)
It is a free cross-platform media player
It supports a large number of multimedia formats, without the need for additional codecs
It can also be used as a streaming server, with extended features (video on demand, on the fly transcoding, ...) doesn't need codecs
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