1. Upload framebuffer driver
how_to_activate_the_32inch_lcd_shield_with_your_odroid-c1

2. The mplayer update

sudo apt-get install mplayer

3. Get a video file

wget http://adafruit-download.s3.amazonaws.com/bigbuckbunny320p.mp4

4. Play

sudo mplayer -fps 23.976 -vo fbdev2:/dev/fb2 bigbuckbunny320p.mp4