Indeed, the “Insert video” action does not do much beyond creating a link. WordPress does not contain a generic player that can play any video hosted anywhere on the internet, but it does support something better: embedding via oEmbed. This means you can put the URL of the video page in your content, and it … Read more
I just finished a Wordperss site that had a similar need for playing video. I would recommend going the Youtube route. Youtube will handle hosting, file conversions and with iframe embedding you can be sure the most devices possible will see your videos. On the WordPress side of the equation, there are many helpful plugins … Read more
You can use the oEmbed functionality baked into WordPress. Typically any video host on this list will return a thumbnail to you using oembed. Here is a list of default providers that WordPress uses for auto embedding in the content area. I’ve included non-video sources as well for the convenience of others. http://www.youtube.com/oembed http://blip.tv/oembed/ http://vimeo.com/api/oembed.xml … Read more