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 media player, 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.
VLC Media Player — Медиаплеер с возможностью использования в качестве сервера для передачи потокового видео по локальной сети — VLC (VideoLAN) может транслировать файлы с жесткого диска, DVD-плеера или выхода видеокарты. Поддерживается работа с большинством видеоформатов, включая DVD, VCD, MPEG, DivX и потоковые (Nullsoft Streaming Video (.nsv) и Real Media (.rm)). Есть возможность использовать программу как обыкновенный медиаплеер.

Changes between 1.0.0 and 1.0.1:
Demuxers:
• Fix wmv/asf issues that caused audio to drop
• Various fixes for ac3, mp3, dts and stability for wav format
• Fix seek in RTSP in conformity to RFC 2326
• Fix Dailymotion access script
• Fix crashes in xspf files handler
• Fix seeking and timing issues in some flv files on Windows version
Access:
• Add extra caching for files on network shares
• Prevent integer underflow in Real pseudo-RTSP module, discovered by tixxDZ, DZCORE Labs, Algeria
Decoders:
• Fix seeking in mpeg2 video files
• Improve SSA subtitles rendering
• Update most codecs for the Windows and Mac version
Muxers:
• Fix sound recording of .flv files with mp3 audio
Qt Interface:
• Possibility to change the opacity level of the Fullscreen controller
• Fix various crashes and VIDEO_TS folders opening