Ive used this for many years and its one of those apps that just works no matter what you throw at it. It never misbehaves, never freezes and plays everything. My music library is on a NAS and is a mixture of every format available. Music Streamer plays everything without a hiccup!
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Download a free trial of MusicStreamer. Available on the App Store. The free version is restricted to 200 songs but allows you to try out all the features of MusicStreamer.