The JW Player is the most popular open source video / audio player for the Web. It supports playback of any format the Adobe Flash Player and HTML5 browsers can handle (FLV, H.264, MP4, VP8, WebM, MP3, AAC, JPG, PNG and GIF). It also supports various streaming and playlist formats (including RMTP, HTTP, live streaming and more) and a wide range of playback options. And its support for all of the major CDNs and adaptive bitrate switching mean you can deliver high quality content around the globe. But dont think of it as just a player, its an advanced video platform which you can customize, extend and contribute back to: The XML/PNG-based skinning model allows you to completely customize its look and feel. No need for special tools. If you can edit text and create images, then you can build a skin.

The license of this software is Freeware, you can free download and free use this flash tool software.