How to Save Metadata for a VLC Player. VLC media player can play audio CDs, DVDs and many media formats such as Mp3s and DivX. The VLC media player is an open source, cross-platform, multimedia player. VLC plays various audio and video formats including (DivX, mp3, mpeg-2, mpeg-4, avi and H.264); a complete list is available on the VLC website. VLC is distributed by VideoLAN, and the software is free to download and use.