AV Splitter is a demultiplexing tool that supports a wide variety of video formats, allowing you to extract the audio, video and subtitle streams for editing or remuxing.
Supported container formats include: ASF, AVI, FLV, Matroska/WebM, MPEG-4/QuickTime, MPEG-PS, MPEG-TS, OGG/OGM.
Supported Video Codecs: MPEG-2, DivX, XviD, MPEG4-ASP, VP8, MJPEG, H.264, AVC, VC-1...
Supported Audio Codecs: AAC, AC3, DTS, DTS-HD, TrueHD, MP3, MP2, OGG, LPCM, WAV...
Supported Subtitle formats: Text, PGS, SSA, ASS, VOB, SRT, DVB Subs
AV Splitter also allows you to manage the connections of DirectShow filters, allowing you to customize playback of DS media players (for example, choosing your preferred codec).