Yes, the application allows you to play media files, but it can be done only through the Converter section. Click the Converter, then load a video using the plus button. Once the video is loaded into the program, click the green arrow that's in front of the video's name. Playback will start, and then you'll have the option of watching the entire video added to the conversion list. This is not a dedicated video player, but a preview function to see what videos you've added to the program.