ZodTTD: the home of the homebrews has released vlc4iphone.Â vlc4iphone acts as a port for the VLC media player and has a built-in front end.Â Currently, anyone that wants to use the application on their iPhone or iPod Touch is expected to donate $5 or more to download.
vlc4iphone supports file decoders: XviD, h265, MP4, FLAC, 3GP, MP3, MPEG2, AVI, etc.Â ZodTTD is working on a way to support VCD, DivX, WMA, and WMV next.
In order to get VLC to work, your iPhone will have to be jailbroken.Â Below is a video demo on how (make sure to read the info):
 Download Squad: VLC on the iPhone and iPod Touch? Yep by Drew Olanoff