http://www.videolan.org/vlc/
VLC (initially VideoLAN Client) 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.
ie ... The.Lion.King.Special.Edition.720p.HDTV-ABSiNTH
Video: 1280x720p
Audio: DD5.1 384kbps
Format: Transport Stream
its very good
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