Apple has approved VLC for iPad and is now propagating throughout the world in the App Store. With VLC Media Player for iPad you can play Video file formats like .AVI and .MKV on your iPad.
VLC is a free and open source cross-platform multimedia player and framework, that plays most multimedias files and various streaming protocols. It is simple to use, yet very powerful and extendable.
VLC has all codecs built-in. It comes with support for nearly all codec there is. And what is more it can even play back the file or media if it is damaged! Missing or broken pieces are no stop to VLC, it plays all the video and audio information that’s still intact.
VLC for iPhone and iPod Touch is still work-in-progress.
Download VLC for iPad
You can download VLC for iPad from the Appstore for Free! [iTunes Link]