VLC is a free and open source cross-platform multimedia player and framework that plays most multimedia files as well as DVD, Audio CD, VCD, and various streaming protocols.

Changelog:
Security update regarding a heap-based buffer overflow in mp4 demuxer
Update of libmodplug for security reasons in Windows and Mac versions
Major updates in most language translations
Numerous updates and fixes on the interface and look of VLC for Mac OS X
Growl is bundled with VLC on Mac OS X now
Many miscellaneous fixes

Program Information Category: Multimedia Type: Free Version: 1.1.9 Size: 20MB Works on: Windows Product page: here