A free, open source, SDL based IP TV player. FripTV supports MPEG2 and h264 transport streams. h264 support is provided through opensource ffmpeg library or commercial CoreAVC codec (Win32 only).
CoreAVC is world's fastest h264 software decoder, but ffmpeg is catching up (latest svn version supports PAFF interlaced streams!).
The license of this software is Free, you can free download and free use this online tv software.