VLC media player
version 1.0.5 has been ported (4/11/2010) to OS/2 as a "Technology
Preview 2." This is a highly portable multimedia player and multimedia
framework capable of reading most audio and video formats (MPEG-2,
MPEG-4, H.264, DivX, MPEG-1, mp3, ogg, aac ...) as well as DVDs, Audio
CDs VCDs, and various streaming protocols.
Source: OS/2 Warp News and Rumors