VLC player is a piece of software that is an absolute essential for all your video and Audio playing needs, it also has some functions for capturing streaming video as well. One of the thing that VLC has been known for is being able to handle video formats that other player simply can’t open. It has some great playlist options also. So matter what platform your computer is running on there is a version that has been ported to your computer. This software is much like Winamp to use except VLC is open source allowing it be changing and porting to different systems.