First download the zip from the following link:
http://www.sendspace.com/file/xcifxr
1st- extract files from zip to desktop
2nd- go to /etc in your filesystem and rename yum.conf to oldyum.conf just incase you need it for later, now copy and past the yum.conf from zip into /etc.
3rd- open and install all of the rpms one by one, if it says rpm is already installed or if you have a newer version of it skip that rpm.
4th- now your ready to open your terminal and type:
yum install vlc
this should now install and type:y (when asked)
it should then say complete now open your movie or audio with vlc and enjoy.
KnownChild