Is there a player sofware can play almost all the media formats?
Here I want to make it clear we do have some other choice though VLC is a good player tool for us. As many of you, I also tried this but its Blu-ray capability let me down so I have to turn to others.
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VLC player is always the best choice. But it can not play well with the Blu-ray movies. So you can choose some Blu-ray player software like Macgo Blu-ray player, etc.
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VLC is definitely the way to go, it's awesome.
http://www.videolan.org/vlc/index.html
"Simple, fast and powerful media player.
Plays everything: Files, Discs, Webcams, Devices and Streams.
Plays most codecs with no codec packs needed:
MPEG-2, DivX, H.264, MKV, WebM, WMV, MP3...
Runs on all platforms: Windows, Linux, Mac OS X, Unix...
Completely Free, 0 spyware, 0 ads and no user tracking.
Can do media conversion and streaming. "
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Here's a list of files that VLC can play...
http://www.videolan.org/vlc/features.php?cat=input
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I use VLC to play pretty much everything, It's open source and available for most OSes, including Windows, Mac OS, GNU/Linux, Android, and Solaris. It's free, but you can donate if you like the player, which you probably will.
http://www.videolan.org/vlc/index.html
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As so many people mentioned VLC, I admit it is really a good and free player for most media formats. But when it comes to Blu-ray, the effect becomes a little weaker.