1. Create an file named “dreambox.m3u” with following content

http://dreambox_ip:31433

2. Edit  C:\Program Files\XBMC\system\playercorefactory.xml

Add an external player vlc

<player name=”VLC” type=”ExternalPlayer” audio=”true” video=”true”>
<filename>C:\Program Files\VideoLAN\VLC\vlc.exe</filename>
<args>-f “{1}”</args>
<hidexbmc>true</hidexbmc>
<hideconsole>true</hideconsole>
<warpcursor>none</warpcursor>
<playonestackitem>true</playonestackitem>
</player>
Add http protocol rules
<rule name=”http” protocols=”http” player=”VLC” />

3. view dreambox.m3u in xbmc

4. enjoy~

ps: Tested in xbmc 9.11