OPlayer Lite is currently one of the best video players for iPad. It has excellent support for almost all formats (the latest update includes MKV support too). There’s an AC3 issue with the current version though — still, a far better player than many others out there. The decoding can be particularly tricky with other apps, but Oplayer appears to handle it quite well.
Splice is a video editor from GoPro, the company behind some of the world’s best action cameras. You can import your photos and videos into the app, to edit them into a movie. The way the app works is simple: you just import the videos that you want to edit, and mark the important parts (Hilights, as the app calls them) of the video. You can then add music to the video, and then the app automatically clips the entire video according to the Hilights that you marked.
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