GoodPlayer

No need to convert the media files before playing it, GoodPlayer can play AVI, Xvid, DAT,VOB,FLV,WMV ,MKV,MP4,RM,RMVB,HTTP,HTTPS,FTP,RTSP,MMS,SFTP,SMB,MMSH,MMST,RTP,UPnP and UDP etc...
files and streaming directly on iOS devices. Just transfer the media files to your iOS devices by iTunes File Sharing, then it can be played at once.With built-in browser, it is not just a local movie player , it is "Movie Player & Streaming Media Player" in fact. And,iPad 2/new iPad/iPhone 4S dual core CPU decoding is supported.

"The Best Video Player for iPhone..." - Lifehacker.com
"All-round best in class movie player with streaming" - TouchMyApps.com

GoodPlayer in App Store Top 1 Listed:
* France/Italia/Saudi Arabia Entertainment iPad Paid Top 1
* Italia/Croatia Entertainment iPad Grossing Top 1
* Lithuania/Niger/Saudi Arabia Entertainment iPhone Paid&Grossing Top 1
* Estonia/Sri Lanka Entertainment iPhone Grossing Top 1

Features:
* Swipe fingers up/down on playing, to change the subtitle or turn off subtitle on the fly (for media files with subtitles)
* Swipe fingers left/right on playing, to change the audio track on the fly (for media files with multiple audio tracks)
* TV out/VGA out support , HDMI TV-out and Video Mirroring support( for iPad & iPhone 4 & iPod touch 4 only)
* Universal, supports iPad, iPhone and iPod touch
* srt,smi,"idx+sub",mkv embedded subtitle supported
* Lots of subtitle language encoding supported
* 24 bits true color, no color information missed
* "Open In" feature supported: open video and audio files from Mail
email attachments and Safari web browser
* 3ga,3gp,aac,amr,ape,asf,asx,avi,cue,dat,dv,f4v,flac,flv,gsm,gxf,hlv,iso,m1v,m2p,m2t,m2ts,m2v,m3u,m4v,m4r,m4a,mka,mkv,mod,moov,mov,mp1,mp2,mp3,mp4,mpa,mpe,mpeg,mpeg1,mpeg2,mpeg4,mpg,mpv,mt2s,mts,mxf,oga,ogg,ogm,ogv,ps,qt,ram,rm,rmvb,tp,ts,vob,webm,wm,wma,wav,wmv,wtv file formats supported
* Subtitle font, font size and font color customization
* HTTP, FTP, RTSP,MMS,SMB,MMSH,MMST,RTP,HTTPS,SFTP and UDP streaming playback
* goodplayer:// URL scheme
* Auto repeat playback current file switch supported, the default is off.
* Built-in file manager supported: move files from folder to folder inside of app,file,delete,file rename,folder creation,folder delete
* Two full screen modes: "Crop on Fullscreen" and "Fit on Fullscreen"
* Playlist support: every folder is a playlist.