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Elmedia Player is a multimedia player for Mac that supports an enormous amount of formats, among them FLV, SWF, XAP (Silverlight), AVI, MOV, MP4, and DAT, enabling you to enjoy any video without needing to download tons of different programs to do so.
One of the application's most interesting features is an integrated browser that allows you to navigate to any webpage and watch streaming videos without having to leave the application.
As you might expect, the application includes a number of other tools to enhance its offering, like the ability to manage all of your files from an accessible interface inspired by iTunes, and playlist creation. You can download videos from within the application, and even make screen captures of any video you're viewing.
Elmedia Player is a comprehensive audio and video player that is of high enough quality to earn it a spot as the preferred player of many Mac users.