In that option select “Video – H.264 + MP3 (MP4)”. Make sure that the Activate Transcoding option is checked.In this example we will save it as an MP4 file, so the video name for this file is: video.mp4. In the Save file dialog box, click on Browse and navigate to where you want to save the video.In the Destination Setup step, make sure that the new destination is selected as File.The Source information will be displayed.Click on the little arrow right next to the Play button.For this example we will use the liveleak video available at: To download online video using VLC Media Player Method 1 There are two methods that you can follow for this. They are explained below in detail. The process of downloading online video from video hosting sites is quite similar to the process of downloading streaming audio. Additionally, those playable online videos can also be saved to your personal computer. Online videos that normally play in browsers can be played with VLC Media Player. VLC Media player is not only a great tool for saving online audio streams, but its features allow us to even download online videos.