This is the latest version of the FLAC decoder and Encoder being version 0.4. If you want to play FLAC movies then you will need to have this small program on your computer. This file can be used by Media Player Classic or any media player based on DirectShow. This update was released in February 2005 and is the latest file for your movies.
Search this website for more files to use while using movies from the internet or search for a codec pack even though they have become very problematic over the years.