Flip4Mac enables QuickTime to play Windows Media files. This is essential to being able to play a lot of videos that you encounter on the web or that people might send you via email. This should be a standard part of any Mac installation. Microsoft used to provide software for this purpose, but then they turned it over to a 3rd party. When you download and install, they will attempt to get you to purchase a premium license. Personally, I've never felt the need, but if you would like to use the QuickTime Player to convert WMV files to something else, then you will need the premium license.
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