It's pretty common to hook up 2 monitors at the same time. Your drivers that you currently have, as well as the built-in support from Windows will allow you to do that.
I have done the same myself. When you hook up the extra monitor, you will have to open display properties by right-clicking your desktop. Then, you can select your extra monitor and choose the option to "extend your desktop on this monitor."
Then, you can take your media player, drag it to whatever monitor you want, and play your movie there, while working on the other monitor.
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