Portable VLC media player is one of the most popular VLC media player created as a portable app, so you can take your audio and video files along with everything you need to play them on the go.
VLC media player is a highly portable multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, XviD, WMV, mp3, ogg, ...) as well as DVDs, VCDs, and various streaming protocols.
Portable VLC Media Player can also be used as a server to stream in unicast or multicast in IPv4 or IPv6 on a high-bandwidth network.

What's New in This Release:
Interfaces:
· Oldrc interface is again the default RC interface, on Windows
· Luarc, luahttp and luatelnet fixes
· Qt and Mac OS X fixes
· numerous Skins2 fixes, notably winamp2 skins
Encoder:
· new libschroedinger-based Dirac codec encoder, faster than the current one
Access/Demuxers/Codecs:
· Subtitles auto-detection is back for .txt files
· vod/rtsp server and rtsp input fixes
· mp4 demuxer improvements
· ogg, rstp input, video filters minor fixes
· taglib's replaygain is fixed for mp3
· vobsub support has an improved auto-detection
· fix a crash in malformed ape files
Miscellaneous fixes in:
· Pulseaudio audio output, notably for usb cards
· Stacktraces are now limited in size on Windows
· Video resolution is now limited to 8192x8192, for security reasons
· See CORE-2011-0208
· Configure and build system improvements
· DirectShow and BDA build headers have been updated
Translations:
· Update for Finnish, Galician, Dutch, Chinese, German, Japanese, Lithuanian,
· Slovak, French, Polish, Estonian, Brazillian Portugues...