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, Familiar Linux...
Features:
(VideoLAN Client) :
- 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
Changes in VLC
• Security updates:
- Fixed integer overflow in WAV demuxer (CVE-2008-2430)
• Various bugfixes:
- Fixed option to use shared memory within the GLX video output module
- Improved galaktos-based audio visualizations on FreeBSD
- Miscellaneous bugfixes in multiple modules and in libvlc (transcode stream output, OSD menu video filter, VCD input, SAP services discovery, http control interface)
- Updated Polish translation
Portable VLC Media Player 0.9.2 MultiLang 
