KMPlayer

KMPlayer is a very good audio and video player. You have a movie and you can not play it ? Install it and will work.Can load subtitles and configure the size of the screen. Skins can be changed.Has presets for sounds and equalizer.Select the file (avi,mpeg, wmv,wma etc) and start.Can play incomplete media movie files .It is all-in-one media player covering various formats such as VCD, DVD, AVI, MKV, Ogg, OGM, 3GP, MPEG-1/2/4, WMV, RealMedia, QuickTime etc.

It handles a wide range of subtitles and allows you to capture audio, video, and screenshots in many ways. The player provides both internal and external filters with a fully controlled environment without grappling with DirectShow merit system. The player can set multifarious audio and video effects, control playback speed and octave, select parts of a video as favorites, do a powerful A-B repeat, remap the keys of remote interface for HTPC including overlay screen controls, change a skin dynamically depending on a media type playing, and many more. It is completely customizable thanks to a wide selection of skins and color schemes, and configuration options are extensive.

can set DVD options, apply filter controls for splitter or source filter, internal or external audio and video decoder, multi audio streams,custom filter manager , input plugins,input colorspaces,basic video filters,sharpen and many more.
For subtitles can set font style,alignment,folder setup and multi subtitle.
Can control color attributes for videos ,like brightness,saturation,contrast,hue or Gamma.