It seems to be only available through rpmfusion
```
Name        : vlc
Arch        : x86_64
Version     : 2.1.4
Release     : 1.fc20
Size        : 4.1 M
Repo        : installed
From repo   : rpmfusion-free-updates
Summary     : The cross-platform open-source multimedia framework, player and
            : server
URL         : http://www.videolan.org
Licence     : GPLv2+
Description : VLC media player is a highly portable multimedia player and
            : multimedia framework capable of reading most audio and video
            : formats as well as DVDs, Audio CDs VCDs, and various streaming
            : protocols. It can also be used as a media converter or a server to
            : stream in uni-cast or multi-cast in IPv4 or IPv6 on networks.
```