Why not? I was given this router free of charge from Vodacom. I have all my media on a 2 tb hard drive and I have two WD media players connected to each TV in the house. I would like to watch the media on the TVs. In this case I want to stream it via WiFi to the WD media player. Imagine sifting through movies to get to the one you want to watch. Its easier to select the folder where you know where the movie is.
Apologies if I misunderstood, it sounded like you wanted to buy another router.
How do I load plex player on my WD media players? Will that enable me to view a folder via the media player? I have the WD Tv Live and the WD Tv Play media players. I'm a novice when it comes to software and IT related stuff so forgive my ignorance.
I just did a quick google and found several threads on how to do it.
Maybe do the same yourself as I do not have all the details of your devices.
Plex player requires a plex server.
Not going to go into in-depth detail as there are several threads on the topic here and thousands on the web but basically you need to make a plex server to be able to use plex players.
The biggest advantage is that you can play your media off multiple devices (at the same time if your server is fast enough).
Obviously there are numerous other advantages like great views (arrange by date released, date added to your device, have thumbnails, previews, episode information etcetc), being able to watch a movie/episode where you left off, music player, plenty cool ad-dons and so on.
Devices would include androids, apple devices, windows devices and things like media players.