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I have a tough time believing this is new, but I can't for the life of me remember it existing before: Realplayer for PocketPC. With Window Media player already built in and TCPMP/Core Player for the power users, I imagine this should be met with a big yawn. Real itself doesn't seem too proud of it, I can't seem to find it on their site (on the other hand, I only spend 5 minutes looking before I stabbed myself in the eye).
RealNetworks, Inc. has just released their Real One Player for Windows Mobile devices, a mobile version of the infamous desktop pc real player which allows you to play real audio and real video stream formats.
there are still some people that use RealPlayer -- some sports leagues unfortunately signed exclusive contracts with Real.