The FLVPlayback component makes it easy to include a video player in your Adobe Flash Professional project to play progressively downloaded video files over HTTP, or stream video files from Adobe Flash Media Server or from a Flash Video Streaming Service (FVSS).
The release of Adobe Flash Player 9 Update 3 (version 9.0.115.0 or later) included significant improvements for playing video content in Flash Player that take advantage of the end user's system video hardware to provide better video playback performance. The changes to the FLVPlayback component also increase the fidelity of video files displayed in full-screen mode.
Additionally, Flash Player 9 Update 3 improves the functionality of the FLVPlayback component by adding support for the high-definition MPEG-4 video formats that utilize industry-standard H.264 encoding. These formats include MP4, M4A, MOV, MP4V, 3GP, and 3G2.
Note: Protected MP4 files—such as those downloaded from Apple iTunes or digitally encrypted by FairPlay—are not supported.
To use the FLVPlayback component, choose Window > Components to open the Component panel. Expand the video section and drag an instance of the FLVPlayback component to the Stage.
The FLVPlayback component supports full-screen size and includes a collection of predesigned skins that allow you to customize the appearance of its playback controls. You can select color and alpha values for predesigned skins, as well as create their own skins.
Using the component, you can see a live preview of video content while in the Flash authoring environment. The FLVPlayback component includes layout properties to keep the video file centered when the user resizes the SWF file in a browser. Its built-in preloader begins playback of the video when enough of a progressively downloaded video file has downloaded.
If desired, you can add cue points to synchronize video footage with text, graphics, and animation.
To learn more about working with the FLVPlayback component, refer to the following resources:

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