Hi Amarnaman, The VideoMaterial is created to play FLV files using streaming, so trying to play an embedded SWF won't work. Put a FLV on a server and this should work fine.
Another thing - embedded assets must be instantiated so: var myVidMaterial:VideoMaterial = new VideoMaterial(myVidFile); should be: var myVidMaterial:VideoMaterial = new VideoMaterial( new myVidFile() ); Hope that helps :) J
