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Could you pls re check now? Sometimes when you try to copy from the blog, due to the format, the code revert some errors. try to copy all the code and to past it in plain text.
But i think the problem is on the xmlLoader.load(new URLRequest(”news.xml”));

Maybe you have only one “, i/o “”

Have you checked this page http://flowplayer.org/player/index.html

The flowplayer it’s a nice one, but you have other. And you can also try the online video providers like revver.com, which you only need to upload the files, and then you put a link on your site to show the video. I mention revver.com, cause they have a cool feature, which let’s you customize their own player, where you can insert for example your logo. Check this post to see how it looks like http://flashenabledblog.com/2008/05/04/tutorial-actionscript-3-mouse-tracking-video-tutorial/

TypeError: Error #1085: The element type “news” must be terminated by the matching end-tag “”.
at Xml_fla::MainTimeline/LoadXML()
at flash.events::EventDispatcher/dispatchEventFunction()
at flash.events::EventDispatcher/dispatchEvent()
at flash.net::URLLoader/onComplete()