VLC is a free and open source cross-platform multimedia player and framework that plays most multimedia files as well as DVD, Audio CD, VCD, and various streaming protocols.
What is new in version 2.0.3
VideoLAN and the VLC development are proud to present a minor update adding support for OS X Mountain Lion as well as improving VLC's overall stability on OS X. Additionally, this version includes updates for 18 translations and adds support for Uzbek and Marathi. For MS Windows, you can update manually if you need the translation updates.
Install vlac 2.0.3 in ubuntu
Open the terminal and run the following commands
sudo add-apt-repository ppa:videolan/stable-daily
sudo apt-get update
sudo apt-get install vlc