VLC Media Player
Looking for a media player that will take on every audio and video format you've ever encountered, and many you've probably never seen -- and that gives you plenty of extras as well? Then you'll want to grab this great free piece of open-source software. With some media players (such as Windows Media Player), if you want to play files in certain formats, you have to download a specific codec. In many other instances, you can't play particular formats at all. But VLC will handle just about any format you can throw at it.
It presents a simple, stripped-down interface, but offers advanced features if you dig deeply enough. When you're playing a video, for example, you can adjust the image in many ways. Similarly, a nice graphic equalizer lets you tweak audio effects. Even so, the extras don't interfere with the application's clean looks. And unlike many other multimedia players, VLC won't hog RAM or system resources.
Download VLC Media Player
Price: Free
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