VLC to me is the best player for Movies, Videos, DVD's, and DiVX! Well its time for everyone to upgrade vlc because there is Multiple vulnerabilities found allowing for the execution of arbitrary code and Denial of Service. But ya know? Im glade I had to upgrade lol, vlc added a whole new face a ton of bug fixes and a few new features :) I'll show you how to install VLC in Ubuntu and setup the Nightly build VideoLan VLC Repository
I used to run this application all the time in windows.. Guess what? You can run it on Ubuntu with wine.