SMplayer version 14.9.0 has been ported (10/13/2014) to OS/2. This is a GUI frontend for MPlayer, based on the Qt4 graphics toolkit. Also available is SMTube version 14.8.0, which is a GUI front-end for passing YouTube videos to SMPlayer (or another video player).
Port by Silvan Scherrer
Source: OS/2 Warp News and Rumors