To use your Premium IPTV m3u link on VLC, it’s very simple: open VLC and then click on Media => Open Network Stream, paste the m3u URL into the box, and then click the Play button.
Explanation of the photo:
If the file is on the computer, right-click on it and then Open with > VLC.
VLC cannot have the EPG and logos of the channels; it only allows you to play the channels and VODs in a simple playlist.