Install VLC 2.0.3 in Ubuntu 12.10/12.04/11.10/Linux Mint

Install VLC 2.0.3 Media Player in Ubuntu 12.10 Quantal/Ubuntu 12.04 Precise Pangolin/11.10 Oneiric Ocelot/Linux Mint 13/12

VLC media player (initially VideoLAN Client) is a highly portable multimedia player for various audio and video formats (MPEG, DivX/Xvid, Ogg, and many more) as well as DVDs, VCDs, and various streaming protocols. However in recent years it has also become a extremely powerful server to stream live and on demand video in several formats to our network and the Internet.

Features:

• Simple, fast and powerful media player.
• Plays everything: Files, Discs, Webcams, Devices and Streams.
• Plays most codecs with no codec packs needed:
• MPEG-2, DivX, H.264, MKV, WebM, WMV, MP3...
• Runs on all platforms: Windows, Linux, Mac OS X, Unix...
• Completely Free, 0 spyware, 0 ads and no user tracking.
• Can do media conversion and streaming.
• More info.

To install VLC in Ubuntu/Linux Mint open Terminal (Press Ctrl+Alt+T) and copy the following commands in the Terminal:

Terminal Commands:
sudo add-apt-repository ppa:videolan/stable-daily
sudo apt-get update
sudo apt-get install vlc

That's it

Source: videolan