KMPLAYER is a korean movie and audio player that supports a wide range of codecs and file formats. It has full VCD/DVD playback functionality.

Supported Files or Devices:

HTTP Streaming(AVI etc including none-streaming media)
Directshow playback (avi, mkv etc)
Real Engine + Directshow (needs Real Player or Alternative)
QuickTime Engine + Directshow (needs QuickTime player or Alternative)
Mplayer Engine Support
Winamp Input Plugin(decoder) Support
Compressed Audio Album Support(zip, rar)
Audio CD(2000, XP only / Win9x-Support by winamp plugin)
Video CD/SVCD/XCD : CDXA Format (2000, XP only)
DVD playback
DTS Wave and AC3 files
WDM device support like TV or Camera
CD Image File (BIN/ISO/IMG/NRG) ; NRG needs mplayer.dll
Shoutcast (Including NSV)
AAC, OGG parser/decoder
Shockwave Flash/FLC/FLI
Ape/MPC/Flac/Module etc
Various Image files like png, gif etc
Incomplete/Damaged AVI file (Skip Damaged Frames)
Locked Media Files while downloading or sharing