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Remember, everything that Chrome browser can play can be casted onto Chromecast, both audio and video. Chrome browser supports some HTML5 video formats such as MP4 and MKV, so these media files can be played out of the box in Chrome and cast to Chromecast without any issue. For other file formats like AVI, you can download the DivX plugin for chrome to play it.
What’s amazing is that you can just drag and drop the video file onto Chrome browser, press the Chromecast app button on the toolbar, and sit back, enjoy the show on your big TV screen.