It's playing app

Network browsing

Connect to your computer or network file server to stream or copy videos.

TV Out with AirPlay

Connect your iPhone or iPad to a TV with cables or over the air with Apple TV.

Video forensics

Zoom your videos like everything else on your device: pinch, drag and zoom. Precision image control, audio pitch and viewing speed, from 1/8x to 8x.

Subtitles from the net

On any movie, just click to get subtitles from the huge opensubtitles database.

I've used quite a number of media player apps over the past few years but none of them feels as tightly put together and with as much consideration for the user as It's Playing.

Erica Sadun, TUAW

Network browsing

Now with It's Playing 3 it's possible to connect to any windows/mac/linux/Time Capsule and NAS file sharing system, stream or download any media file — if you experience difficulties when streaming, download to the device.
Bookmark any media server or shared folder, login to any protected share or connect to any hidden server with the IP address or network name.

TV-Out & Air Play

Supports projectors, computers screens, televisions and other presentation devices with VGA, Composite, Component or HDMI ports using the respective connector. AirPlay is also supported (iPad2, iPad3 and iPhone4S) through the AppleTV with the

mirror mode enabled and using the tv resolution, meaning you can go up to 720p.

Video Forensics

A new degree of freedom and interaction with the media player. Now you can inspect each an every single detail of a video picture, zooming and panning like in the photo album!

Subtitles Support

Forget searching for subtitles. Now with a single tap you can get the subtitles for any given movie in any of the available languages.
MKV subtitles (SSA/SRT/Text) are also supported, switch between all the available subtitles effortlessly.
If your subtitles files appear unreadable, you can also try changing the encoding and font size.

Files & Privacy

Great file and folder manager with search engine and editing tools.
Privacy control of your contents through locked/unlocked modes. Lock and unlock the private folder with a single code.

Gestures

Pinch, Tap and Swipe. Interact with the media like never before, navigate easily in the time line and in the image space. Tap with two fingers to immediately halt the playback.

Audio

With this new version it's now possible to speed up or speed down the playback (changing the pitch in the process). Boost the audio volume with the gain slider or silence the player with the mute switch.