MediaGalleryPro™ is a cross-platform multimedia player that helps you organize, view, and categorize your stored movie files. It can also 1) View multiple videos at the same time, replace individual movies during playback, and save Playlists of your favorite films!
http://www.mediagallerypro.com ! Free Download
mediagallerypro 
Away some Player Better than VLC
It’s Great idea to use Media Pro, Because this enable us to watch multiple videos simultaneously in a single player.